Business buzzwords
Q1
Section 13(d) of the Securities Exchange Act of 1934 stipulates that once someone obtains five percent of a firm's stock, that person has 10 days to file a disclosure form; but during this period, the potential bidder can continue to make open market purchases, so ..... purchases may be larger than 5% of a target firm.
(*) knife edge
(*) pintail
(*) toehold
(*) wedge end