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concert party |
Also found in: Wikipedia, Hutchinson | 0.04 sec. |
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concert party n 1. (Performing Arts / Theatre) a musical entertainment popular in the early 20th century, esp one at a British seaside resort 2. (Economics, Accounting & Finance / Stock Exchange) Stock Exchange informal a group of individuals or companies who secretly agree to purchase shares separately in a particular company, which they plan to amalgamate later into a single holding: a malpractice that is illegal in some countries How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Cole suggests, in fact, that the concert parties mediated the African and western worlds, first for western-educated audiences in coastal cities until the 1920s, and then for working-class and rural audiences in the 1930s and beyond. Similarly, a person who, together with his concert parties, has an aggregate long position determined on this basis in respect of between 30% and 50% of a company's voting rights will be required to make a mandatory cash offer if he increases that long position. Today concert parties also appeal to middleclass families and Western visitors. |
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