Anti-Takeover Measure

外汇网2021-06-19 13:36:40 156

Measures taken on a continual or sporadic basis by a firm's management in order to pvent or deter unwanted takeovers.

Taobiz explains Anti-Takeover Measure

Companies have many different options for pventing takeovers. Continuous provisions include stipulations in the corporate covenant and issues of participating pferred stock. The sporadic measures include the pac-man and macaroni defenses, among others.

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