Poison Pill (noun) Definition, Meaning & Examples

noun
  1. a pellet or capsule of a quick-acting poison, as cyanide, for a spy to ingest when faced with capture or torture.
  2. any of various business devices created to prevent a company from being taken over by another, as issuing a new class of stock or stock warrants that would become costly to the buyer in the event of a takeover.
noun
  1. a tactic used by a company fearing an unwelcome takeover bid, in which the value of the company is automatically reduced, as by the sale of an issue of shares having an option unfavourable to the bidders, if the bid is successful
Poison Pill (noun) Definition, Meaning & Examples

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