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单词 poison pill
释义

poison pill

noun

: a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable

Example Sentences

Recent Examples on the Web His $44 billion offer in April represented a 38% premium on the public valuation, and the $1 billion poison pill clause made the completion of the deal seem likely. Cenk Sidar, Forbes, 15 Aug. 2022 Twitter’s board has yet to give a formal response, but has begun taking defensive steps to prevent a takeover, including a poison pill provision. Fortune, 20 Apr. 2022 The poison pill provision lasts until July 1, 2023. Eric Walden, The Salt Lake Tribune, 30 Aug. 2022 In an announcement, Twitter said the poison pill will be triggered if any individual or entity acquires at least 15% of the company's shares. Max Zahn, ABC News, 13 July 2022 The poison pill was one of the plans that Twitter considered before agreeing to Musk’s acquisition plan. Siladitya Ray, Forbes, 11 July 2022 But will indictments in Georgia by a local prosecutor end the Big Lie of election fraud that has been the poison pill in our politics? Maya Wiley, The New Republic, 22 July 2022 Investors rarely try to get around a poison pill by buying shares beyond the threshold set by the company, according to securities experts. New York Times, 15 Apr. 2022 Twitter’s board went from installing a poison pill to agreeing to the sale to Elon Musk in just 11 days. New York Times, 15 July 2022 See More

Word History

First Known Use

1983, in the meaning defined above

Legal Definition

poison pill

noun

poi·​son pill
: a financial tactic or provision used by a company to make an unwanted takeover prohibitively expensive or less desirable
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更新时间:2024/12/25 22:09:27