acting in concert Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: acting in concert

Dictionary of Finance and Investment Terms

acting in concert

two or more investors working together to achieve the same investment goal-for example, all buying stock in a company they want to take over. Such investors must inform the Securities and Exchange Commission if they intend to oust the company's top management or acquire control. It is illegal for those acting in concert to manipulate a stock's price for their own gain.

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