A scorched-earth policy waiting in the wings . . .
Definition
A reaction to any takeover attempt that involves liquidating valuable assets and assuming liabilities in an effort to make the proposed takeover unattractive to the acquiring company.
What the proposed Poison Pill entails:
http://siriusbuzz.com/sirius-xm-gives-shareholders-new-pill-to-swallow.php
Definition
A reaction to any takeover attempt that involves liquidating valuable assets and assuming liabilities in an effort to make the proposed takeover unattractive to the acquiring company.
What the proposed Poison Pill entails:
http://siriusbuzz.com/sirius-xm-gives-shareholders-new-pill-to-swallow.php