acting in concert

acting in concert definition - business

acting in concert

Two or more investors acting together to achieve a common goal. For example, several wealthy investors may accumulate a major position in a firm's common stock in an attempt to influence the firm's management decisions.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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