Poison Pill

Financial Definition of Poison Pill

Meaning of Poison Pill

Anit-takeover device that gives a prospective acquiree’s shareholders the right to buy shares of the firm or shares of anyone who acquires the firm at a deep discount to their fair market value. Named after the cyanide pill that secret agents are instructed to swallow if capture is imminent.

Related Entries of Poison Pill in the Encyclopedia of Law Project

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Poison Pill in Historical Law

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Legal Abbreviations and Acronyms

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