Suicide Pill
A defensive strategy by which a target company engages in an activity that might actually ruin the company rather than prevent the hostile takeover. Also known as the "Jonestown Defense." Investopedia Says:
This is an extreme version of the poison pill. Related Terms:
Busted Takeover
Enterprise Value
Hostile Takeover
Jonestown Defense
Management Buyout (MBO)
Merger
Poison Pill
Sandbag
Saturday Night Special
Scorched Earth Policy
Shark Repellent
Sleeping Beauty
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