Handy legal term explainer

Acting in Concert

When parties work together to spread ownership percentage of shares in a company by making identical investment decisions. This is usually done so that an individual can avoid having to declare takeover intentions or placing of a tender offer or so that parties can, possibly covertly, influence decision-making in a company.

Acting in Concert

When parties work together to spread ownership percentage of shares in a company by making identical investment decisions. This is usually done so that an individual can avoid having to declare takeover intentions or placing of a tender offer or so that parties can, possibly covertly, influence decision-making in a company.