Time Warner's share price has been falling for a while, and has declined by 9% since the firm saw off Carl Icahn, a corporate raider, in February.

时代华纳的股票价格已经持续走低，自从二月“企业狙击手”卡尔·伊坎出击该公司之后公司股票已经下跌了9％。

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The tussle over ImClone has been an altogether messier affair, thanks to Carl Icahn, a legendary corporate raider who owns a stake and is chairman of the firm.

卡尔·伊坎的加入使得争夺艾克隆公司的战争更加惨烈。卡尔·伊坎是擅长掠夺式收购的传奇人物，他掌控着该公司的一部分股份，并出任公司董事长。

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A possible solution to the free-rider problem is to write a corporate charter that allows the raider, once he takes over the firm, to dilute the share value of the non-tendering shareholders.

解决该搭便车问题的可能性方案是进行股权稀释：在公司成立之初，编写相应的公司章程，允许收购者一旦接管该公司，有权稀释那些没有转让股权的股份。

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The main evidence of Mr Obama's proletarian sympathies is a couple of advertisements recently released by his campaign depicting Bain Capital, the private-equity firm Mr Romney founded and ran for 15 years, as a rapacious corporate raider.

ECONOMIST: Lexington