| 单词 | porcupine provision |
| 释义 | porcupine provision (extremely rare) n WORD FAMILY porcupine provision n a measure undertaken by a corporation to discourage unwanted takeover attempts Syn|Hypo|Hyper shark repellent golden parachute giving 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 suicide pilla poison pill with potentially catastrophic implications for the company it is intended to protect measure, step any maneuver made as part of progress toward a goal |
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