MLchartDataset catalogue

Poison pill

Term · Law · MLC-T-LAW-003782

A defensive strategy employed by a target company to prevent or discourage a hostile takeover. It typically involves issuing new shares or rights to existing shareholders at a discounted price, making the target company less attractive or more expensive for the acquirer. This tactic aims to dilute the ownership stake of the hostile bidder and increase the cost of acquisition.

Table 1. Record
IdentifierMLC-T-LAW-003782
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003782",
  "term": "Poison pill",
  "field": "Law",
  "definition": "A defensive strategy employed by a target company to prevent or discourage a hostile takeover. It typically involves issuing new shares or rights to existing shareholders at a discounted price, making the target company less attractive or more expensive for the acquirer. This tactic aims to dilute the ownership stake of the hostile bidder and increase the cost of acquisition.",
  "url": "https://mlchart.com/terminology/law/poison-pill/"
}

Record 3,801 of 5,439 in Law terminology (MLC-0107). Request the full dataset.