shark repellent

Definition of "shark repellent"
  1. Provisions or strategies implemented by a company to fend off unwanted acquisition bids
How to use "shark repellent" in a sentence
  1. In order to protect its independence, the company adopted a shark repellent tactic.
  2. The board of directors decided to use a shark repellent to discourage potential hostile buyers.
  3. Incorporating a poison pill as a shark repellent can effectively deter bidders who aim for unfair takeover advantages.

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