crown jewel defense

crown-jewel defense. An antitakeover device in which the target company agrees to sell its most valuable assets to a third party if a hostile bid is tendered, so that the company will be less attractive to an unfriendly suitor. Cf. SCORCHED-EARTH DEFENSE; PAC-MAN DEFENSE.

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词条贡献者

资深译员Calvin，毕业于亚洲一流的高级翻译学院，擅长翻译各类与复杂技术交易相关的法律文件。