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publicly held acquisition candidates

English translation: corporations whose securities are publicly held or traded, that are being targeted for takeover


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:publicly held acquisition candidates
English translation:corporations whose securities are publicly held or traded, that are being targeted for takeover
Entered by: Mwananchi
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03:05 Jun 4, 2011
English to English translations [PRO]
Bus/Financial - Business/Commerce (general)
English term or phrase: publicly held acquisition candidates
You are similarly prohibited from buying or selling securities of other companies on the basis of confidential information acquired by reason of your relationship with the Company.Obvious situations include publicly held acquisition candidates, and publicly held candidates to become important suppliers of goods or services to the Company.

What does the term mentioned above mean?
langclinic
India
Local time: 01:22
corporations whose securities are publicly held or traded, that are being targeted for takeover
Explanation:
I believe the clue comes from the buying and selling of securities. The person or people are prohibited from buying or selling securities of companies that are publicly held or traded that are targets for takeover or purchase, based on confidential information received through their interaction with the company. I believe this would come under the sphere of insider trading.
Selected response from:

Mwananchi
Kenya
Local time: 22:52
Grading comment
Thank you.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1corporations whose securities are publicly held or traded, that are being targeted for takeover
Mwananchi
4companies which are candidates for acquisition, with quoted shares
Martin Riordan


Discussion entries: 1





  

Answers


7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
corporations whose securities are publicly held or traded, that are being targeted for takeover


Explanation:
I believe the clue comes from the buying and selling of securities. The person or people are prohibited from buying or selling securities of companies that are publicly held or traded that are targets for takeover or purchase, based on confidential information received through their interaction with the company. I believe this would come under the sphere of insider trading.

Mwananchi
Kenya
Local time: 22:52
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in SwahiliSwahili
PRO pts in category: 8
Grading comment
Thank you.

Peer comments on this answer (and responses from the answerer)
agree  Ildiko Santana
1 day6 hrs
  -> Thanks Ildiko
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7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
companies which are candidates for acquisition, with quoted shares


Explanation:
I believe the phrase refers to companies which may be targets for acquisition by the company in question, and which have traded shares. Obviously, the person signing this contract would have confidential information, and could buy up shares expecting them to appreciate in value. Insider trading is illegal in most countries, and certainly in all multinational companies.

Martin Riordan
Brazil
Local time: 16:52
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 12
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Changes made by editors
Jun 9, 2011 - Changes made by Mwananchi:
Created KOG entryKudoZ term => KOG term


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