How is 'acting in concert' defined in a legal contract?
- Acting in Concert means a group of people who actively cooperate to enhance or consolidate control of a company through the acquisition of its shares. An agreement or understanding to do this may be formal or informal. Seen in 313 SEC filings.
- Acting in Concert means working together towards a common goal. This activity can be guided by an agreement or understanding, whether formal or informal. Seen in 104 SEC filings.
- Acting in Concert means knowingly participating in a joint activity or interdependent parallel action towards a common goal. This action can occur even without an express agreement, or involve a combination of voting or other interests in a company's securities for a common purpose, whether defined in a contract, understanding, or other arrangement. Seen in 64 SEC filings.
- Acting in Concert means a person is considered to act in concert with others if they knowingly act, whether or not through an express agreement, in concert or towards a common goal related to the management, governance or control of a corporation. Awareness of the other person’s conduct or intent factors into their decision-making processes. Seen in 57 SEC filings.
- Acting in Concert means understanding or participating in a joint activity or conscious parallel action towards a common goal, whether or not necessitated by a formal agreement, or consolidating voting or other interests in an organization's securities for a common purpose. Seen in 43 SEC filings.
Please note that all definitions mentioned do not refer to any specific location, organization, association or individual.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of acting in concert' yourself to verify these results. We are always keen to point people to source documents.
Genie Definition 1
Acting in Concert means a group knowingly cooperating towards a common goal, possibly guided by an understanding or agreement.
Relevant Contract Types
Relevant Circumstances
- Share Acquisition
- Business Takeover
- Establishing New Partnerships
- Restructuring of Company's Control
Relevant Sectors
Genie Definition 2
Acting in Concert means active cooperation in acquiring [organization] shares to gain or consolidate control.
Relevant Contract Types
Relevant Circumstances
- Acquisition of company shares
- Corporate restructuring
- Business consolidation
Relevant Sectors
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Acting in Concert means a group knowingly cooperating towards a common goal, possibly guided by an understanding or agreement.
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