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poison pill

noun

Simple Definition of poison pill

  • business : something that a company does to make itself less valuable or appealing in order to avoid being bought by another company

Source: Merriam-Webster's Learner's Dictionary

Full Definition of poison pill

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


Law Dictionary

poison pill

noun poi·son pill

Legal Definition of poison pill

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




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