One of the mysteries of the English language finally explained.
A tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder.as modifier ‘poison-pill defences’
- ‘At heavy-duty truck producer Navistar International in Warrenvilie, Ill., for example, a resolution to rescind the poison pill was supported by 83 percent of the quorum.’
- ‘Whenever a board adopts a poison pill, it sets a ‘trigger,’ a percentage of stock that an acquirer must buy before the poison pill goes into effect.’
- ‘The next time you read a news release that says that your company is using a poison pill to ward off a takeover attempt, you'll now know what it means.’
- ‘Oracle has said it will not go forth with the takeover with the poison pill in place.’
- ‘If allowed to continue pursuing the acquisition, the first step is to get the poison pill removed.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.