Definition of porcupine provision Porcupine provision
We found 1 definitions of porcupine provision from 1 different sources.
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What does porcupine provision mean?
WordNet
Noun |
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| porcupine provision - a measure undertaken by a corporation to discourage unwanted takeover attempts | ||
| shark repellent | ||
| measure, step how much there is or how many there are of something that you can quantify | ||
| golden parachute giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover | ||
| greenmail (corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business | ||
| pac-man strategy the target company defends itself by threatening to take over its acquirer | ||
| poison pill the target company defends itself by making its stock less attractive to an acquirer | ||
| safe harbor the target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive; "the acquisition gave the company a safe harbor" | ||
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