Because of poor management,the stock prices of DigiKing Inc.falls and many investors sell their shares.Soon DigiKing becomes the target of a hostile takeover,during which Charles buys enough shares to exert control over the firm.In this scenario,Charles performs the role of a(n)

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In this scenario, Charles performs the role of a corporate raider. Corporate raiders or private equity firms and hedge funds often buy enough shares to exert control over a company.

Because of Poor Management,the Stock Prices of DigiKing Inc