HyperDic: safe_harbor

English > 1 sense of the expression safe harbor:
NOUNactsafe harborthe target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive
English > safe harbor: 1 sense > noun 1, act
MeaningThe target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive.
Example"the acquisition gave the company a safe harbor"
Broadershark repellent, porcupine provisionA measure undertaken by a corporation to discourage unwanted takeover attempts

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