NOUN | act | safe harbor | the target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive |
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Meaning | The target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive. | |
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Example | "the acquisition gave the company a safe harbor" | |
Broader | shark repellent, porcupine provision | A measure undertaken by a corporation to discourage unwanted takeover attempts |
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