Which of the Following Statements Is True About Corporate Raiders

Which of the following statements is true about corporate raiders?

A) They are underperforming corporations that have been acquired by other companies.
B) They are government-funded organizations that help underperforming companies recover.
C) They may purchase stock in a company to take over the business and run it more efficiently.
D) They lack power to interfere with the top management decisions.
E) They discourage companies from pursuing strategies that help maximize stockholder wealth.