takeover defense

A measure taken by a corporation to discourage hostile takeover attempts. — Often shortened to defense. — Also termed shark repellent.

takeover defense. A measure taken by a corporation to discourage hostile takeover attempts. — Often shortened to defense. — Also termed shark repellent. structural takeover defense. A legal mechanism adopted by a corporation to thwart any future takeover bid without having any financial or operational effect on the target corporation. transactional takeover defense. A financial