porcupine provision — Often used in risk arbitrage. Bloomberg Financial Dictionary See: shark repellent. Bloomberg Financial Dictionary … Financial and business terms
porcupine provision — noun a measure undertaken by a corporation to discourage unwanted takeover attempts • Syn: ↑shark repellent • Hypernyms: ↑measure, ↑step • Hyponyms: ↑golden parachute, ↑greenmail, ↑pa … Useful english dictionary
Shark Repellent — Slang term for any one of a number of measures taken by a company to fend off an unwanted or hostile takeover attempt. In many cases, a company will make special amendments to its charter or bylaws that become active only when a takeover attempt… … Investment dictionary
shark repellent — Often used in risk arbitrage. Examples are golden parachutes , poison pills , safe harbor, and scorched earth policy. porcupine provision. Amendment to company charter intended to protect it against takeover. Bloomberg Financial Dictionary * * *… … Financial and business terms
средство для отпугивания акул — Меры, предпринимаемые корпорацией для того, чтобы предотвратить нежелательные попытки поглощения (takeover). Также наз. иглами дикобраза (porcupine provision). Такими мерами, например, могут быть: 1) Требование установить справедливую цену. Это… … Финансово-инвестиционный толковый словарь
golden parachute — noun giving top executives lucrative benefits that must be paid by the acquirer if they are discharged after a takeover • Hypernyms: ↑shark repellent, ↑porcupine provision * * * noun, pl ⋯ chutes [count] : a large amount of money that a company… … Useful english dictionary
greenmail — noun (corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business • Topics: ↑corporation, ↑corp • Hypernyms: ↑shark… … Useful english dictionary
pac-man strategy — noun the target company defends itself by threatening to take over its acquirer • Hypernyms: ↑shark repellent, ↑porcupine provision … Useful english dictionary
poison pill — noun the target company defends itself by making its stock less attractive to an acquirer • Hypernyms: ↑shark repellent, ↑porcupine provision • Hyponyms: ↑suicide pill * * * noun, pl ⋯ pills [count] business : something that a company does to… … Useful english dictionary
safe harbor — noun the target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive the acquisition gave the company a safe harbor • Hypernyms: ↑shark repellent, ↑porcupine provision * * * 1. a harbor… … Useful english dictionary
scorched-earth policy — noun the target company defends itself by selling off its crown jewels • Hypernyms: ↑shark repellent, ↑porcupine provision * * * /skawrcht errth / a military practice of devastating the property and agriculture of an area before abandoning it to… … Useful english dictionary