HyperDic: shark_repellent

English > 1 sense of the expression shark repellent:
NOUNactshark repellent, porcupine provisiona measure undertaken by a corporation to discourage unwanted takeover attempts
English > shark repellent: 1 sense > noun 1, act
MeaningA measure undertaken by a corporation to discourage unwanted takeover attempts.
Synonymporcupine provision
Narrowergolden parachuteGiving 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 strategyThe target company defends itself by threatening to take over its acquirer
poison pillThe target company defends itself by making its stock less attractive to an acquirer
safe harborThe target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive
scorched-earth policyThe target company defends itself by selling off its crown jewels
Broadermeasure, stepAny maneuver made as part of progress toward a goal

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