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dawn raid |
Also found in: Financial, Wikipedia, Hutchinson | 0.09 sec. |
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dawn raid n (Economics, Accounting & Finance / Stock Exchange) Stock Exchange an unexpected attempt to acquire a substantial proportion of a company's shares at the start of a day's trading as a preliminary to a takeover bid 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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Dawn raids are most commonly used for 'cartel busting'. In October 2006 more than 100 officers carried out dawn raids on the Johnson clan and arrested 14 people. On 15 October 2007, armed police conducted dawn raids at 50 houses and places of work across New Zealand/Aotearoa. |
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