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Definition of Poison pill
1. Noun. The target company defends itself by making its stock less attractive to an acquirer.
Definition of Poison pill
1. Noun. (business) Any strategy designed to produce negative results for an entity carrying out a takeover. ¹
2. Noun. (politics) A provision in a bill that leads to people who would have supported it opposing it instead ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Poison Pill
Literary usage of Poison pill
Below you will find example usage of this term as found in modern and/or classical literature:
1. Case Studies of Selected Leveraged Buyouts (1991)
"With the poison pill, if anyone had acquired 50 percent of Allied, ... However,
the poison pill was never exercised, because Allied's 'Such open market ..."
2. Hostile Corporate Takeover: How, What, Where, When and Why (1991)
"The judge stated that AMF's poison pill and other defensive measures discriminated
between holders of different classes of securities. ..."
3. Financial Markets for the Rest of Us: An Easy Guide to Money, Bonds, Futures by Robert Vahid Hashemian (2001)
"Another option is a strategy known as the poison pill. A poison pill is a defense
mechanism through which the target company issues large amounts of ..."
4. Yashka, My Life as Peasant, Officer and Exile by Isaac Don Levine (1919)
"But in any event, here is a poison pill. I prepared it for you originally to take
in case the mob got the upper hand, so that you could escape torture at ..."
5. Report of the Congressional Committees Investigating the Iran/Contra Affair by Lee H. Hamilton, Daniel K. Inouye (1995)
"However, Cave testified that he himself did not have a poison pill and that he
knew of no one else in the delegation who was issued one. Cave Int., 9/29/87, ..."
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