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concert party
(redirected from concert parties)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.

concert party

In business, party of shareholders who pool their holdings in a company in order to mount a takeover of, or to exercise effective control over, that company.



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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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