poison pill
- A strategy used by a company to deter a hostile takeover by offering cheap stock to its current shareholders, thus making it costly for an outside company to purchase them
- The board of directors introduced a poison pill to protect their company from the hostile takeover.
- A poison pill strategy can make a company an unattractive target for a corporate raider.
- The start-up used a poison pill approach to safeguard its shares and remain independent.
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