We found 1 definitions of shark repellent from 1 different sources.
Noun |
||
shark repellent - a measure undertaken by a corporation to discourage unwanted takeover attempts | ||
porcupine provision | ||
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" |