Glossary entry (derived from question below)
English term or phrase:
publicly held acquisition candidates
English answer:
corporations whose securities are publicly held or traded, that are being targeted for takeover
Added to glossary by
Mwananchi
Jun 4, 2011 03:05
13 yrs ago
1 viewer *
English term
India
Your project is in safe hands
Native in: Hindi 
Works in: English to Hindi, Hindi to English
publicly held acquisition candidates
English
Bus/Financial
Business/Commerce (general)
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?
What does the term mentioned above mean?
Change log
Jun 9, 2011 10:42: Mwananchi Created KOG entry
Responses
+1
7 hrs
Selected
corporations whose securities are publicly held or traded, that are being targeted for takeover
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.
4 KudoZ points awarded for this answer.
Comment: "Thank you."
7 hrs
Martin Riordan
Brazil
Brazil
Native in English
&
English
Specializes in field
Brazil
Brazilian lawyer - 40+ years in Brazil
Native in: English (Variants: Australian, Canadian, New Zealand, Scottish, British, UK, Irish, US) , Portuguese (Variants: European/Portugal, Brazilian, Mozambican, Angolan) 
Works in: Portuguese to English, English to Portuguese, English, and 1 more.
Related KudoZ points
:
40
companies which are candidates for acquisition, with quoted shares
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.
Discussion