Examlex
Divide and simplify.
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Junk Bonds
Risky bonds issued by financially weak companies that pay high rates of interest. Also called high yield bonds.
Corporate Raiders
Investors who buy a large stake in a corporation with the goal to gain control and make changes to increase its value and their profit.
Hostile Takeovers
Hostile takeovers occur when a company acquires another company against the wishes of the target company's management and board of directors.
WACC
Weighted Average Cost of Capital, or WACC, is a financial metric that calculates the cost of capital for a business, weighting each capital segment according to its relative proportion.
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