scorched earth defense

scorched-earth defense. Corporations. An antitakeover tactic by which a target corporation sells its most valuable assets or divisions in order to reduce its value after acquisition and thus try to defeat a hostile bidder’s tender offer. Cf. CROWN-JEWEL DEFENSE; PAC-MAN DEFENSE.

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词条贡献者

译者Natalie，在一家西班牙律师事务所的北京办公室担任全职法律翻译，擅长翻译涉及医疗健康领域的法律文件。