Corporation Raiders a Help??

Corporation Raiders a Help??

Lots of damage is done by corporate raiders who ostensibly are doing good for stockholders. By trying to take hold of a corporation and thus offering higher prices over the short term, the financial media most often is elated. Why not? It’s a temporary stimulus that gives them what to write or talk about.

But it’s a bonanza only for short term investors, at the expense of longer term investors. That is, for those with horizons over a couple of months. What’s more. experience shows it often may not work out well for the company itself.