LOCK UP OPTION


Meaning of LOCK UP OPTION in English

Often used in risk arbitrage. Privilege offered a White Knight (friendly acquirer) by a target company of buying crown jewels or additional equity . The aim is to discourage a hostile takeover . See: shark repellant

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.