| NOUN | act | porcupine provision, shark repellent | a measure undertaken by a corporation to discourage unwanted takeover attempts |
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| Meaning | A measure undertaken by a corporation to discourage unwanted takeover attempts. | |
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| Synonym | shark repellent | |
| Narrower | 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 | |
| scorched-earth policy | The target company defends itself by selling off its crown jewels | |
| Broader | measure, step | Any maneuver made as part of progress toward a goal |
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