LADY MACBETH STRATEGY
A hostile takeover strategy whereas a third party (a company) poses as a "white knight" or an ally to gain the trust of the target and acquire information regarding the target company. Eventually, it will turn around and join forces with unfriendly bidders.
The strategy was named after Lady Macbeth, one of Shakespeare's most frightful and ambitious characters. She designed a clever way to kill her husband, the Scottish General to kill Scotland King Duncan. She would pretend as if a noble and virtuous supporter to gain the King’s trust.
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Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
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Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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