- shark repellent
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any tactic used by a corporation to prevent a takeover by a corporate raider.[1980-85]
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Universalium. 2010.
shark repellent
Look at other dictionaries:
shark repellent — shark re·pel·lent / ri pe lənt/ n: any measure taken by a corporation to discourage a hostile takeover attempt Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Shark repellent — A shark repellent is any method of driving sharks away from an area, object, person, or animal. Shark repellents are one category of animal repellents.OverviewShark repellents have been of interest to human beings for many years, for a number of… … Wikipedia
shark repellent — Often used in risk arbitrage. Examples are golden parachutes , poison pills , safe harbor, and scorched earth policy. porcupine provision. Amendment to company charter intended to protect it against takeover. Bloomberg Financial Dictionary * * *… … Financial and business terms
Shark Repellent — Slang term for any one of a number of measures taken by a company to fend off an unwanted or hostile takeover attempt. In many cases, a company will make special amendments to its charter or bylaws that become active only when a takeover attempt… … Investment dictionary
shark repellent — noun a measure undertaken by a corporation to discourage unwanted takeover attempts • Syn: ↑porcupine provision • Hypernyms: ↑measure, ↑step • Hyponyms: ↑golden parachute, ↑greenmail, ↑ … Useful english dictionary
shark repellent — n. something that prevents corporate takeovers. (Securities markets.) □ Acme Systems tried again to get its board to approve a shark repellent to keep the Widget cartel from acquiring it. □ The shark repellent wasn’t enough … Dictionary of American slang and colloquial expressions
shark repellent — noun Date: 1977 any of various measures that a company uses to fend off unwanted takeover attempts … New Collegiate Dictionary
shark repellent — 1) a chemical compound that discourages sharks from attacking humans 2) a measure undertaken by a corporation to discourage unwanted takeover attempts … Dictionary of ichthyology
shark repellent — methods used by company management to ward off attempts at a hostile takeover (Finance) … English contemporary dictionary
shark repellent — Any measure taken by a company to avoid a takeover attempt. See also poison pill … American business jargon
