transactional takeover defense

A financial or operational transaction designed to make a present or future takeover bid more difficult by raising a company’s share price, paying off the bidder, or reducing a bidder’s profit.

• Examples include issuing new shares of stock, acquiring expensive assets, and adopting a poison-pill defense. See POISON PILL; PORCUPINE PROVISION.


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译者Jenna,毕业于法国顶尖的高级翻译学院,擅长翻译有关互联网与电子商务领域的法律文件。
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