A tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder.
〔财政〕“毒药”（受兼并招标威胁的公司采取的使自身对投标者丧失吸引力的策略）
as modifierpoison-pill defences
Example sentencesExamples
If allowed to continue pursuing the acquisition, the first step is to get the poison pill removed.
Whenever a board adopts a poison pill, it sets a ‘trigger,’ a percentage of stock that an acquirer must buy before the poison pill goes into effect.
At heavy-duty truck producer Navistar International in Warrenvilie, Ill., for example, a resolution to rescind the poison pill was supported by 83 percent of the quorum.
The next time you read a news release that says that your company is using a poison pill to ward off a takeover attempt, you'll now know what it means.
Oracle has said it will not go forth with the takeover with the poison pill in place.
Definition of poison pill in US English:
poison pill
nounˈpoizn ˌpilˈpɔɪzn ˌpɪl
Finance
A tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder.
〔财政〕“毒药”（受兼并招标威胁的公司采取的使自身对投标者丧失吸引力的策略）
as modifierpoison-pill defenses
Example sentencesExamples
Oracle has said it will not go forth with the takeover with the poison pill in place.
The next time you read a news release that says that your company is using a poison pill to ward off a takeover attempt, you'll now know what it means.
If allowed to continue pursuing the acquisition, the first step is to get the poison pill removed.
Whenever a board adopts a poison pill, it sets a ‘trigger,’ a percentage of stock that an acquirer must buy before the poison pill goes into effect.
At heavy-duty truck producer Navistar International in Warrenvilie, Ill., for example, a resolution to rescind the poison pill was supported by 83 percent of the quorum.