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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词条贡献者

双语律师Shifang，知名法学院法律专业，擅长翻译各类与企业改组和重组相关的法律文件。