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English to Arabic translations [PRO]
Bus/Financial - Investment / Securities / Investment | | English term or phrase: Acting In Concert | | More than one investor who work in concert to achieve an investment objective. A group of investors who wish to take over a company may act in concert to buy up the company's stock. This is legal as long as proper notification is made to the SEC. However, if the group is acting in concert to manipulate a stock's price for their own gain, it would be considered an illegal act. |
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Dikran
Local time: 16:39
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