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单词 scorched earth policy
释义

scorched earth policy

scorched earth policy An extreme form of poison pill in which a company that believes it is to be the target of a takeover bid makes its balance sheet or profitability less attractive than it really is by a reversible manoeuvre, such as borrowing money at an exorbitant rate of interest.

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更新时间:2025/1/22 17:04:49