People Pill
A defensive strategy to ward off a hostile takeover. Management threatens that, in the event of a takeover, the entire management team will resign. Investopedia Says:
This is a variation of the poison pill defense. Related Terms:
Hostile Takeover
Macaroni Defense
Poison Pill
Proxy Fight
Safe Harbor
Saturday Night Special
Shark Repellent
Shark Watcher
Suicide Pill
Target Firm |