antitakeover
/ˌæntiˈteɪkoʊvər/
adjective
- Designed or intended to prevent a company from being bought by another company (a takeover).
- The company's antitakeover strategy included a poison pill that made a buyout too expensive.
- Many investors dislike antitakeover clauses because they can limit shareholder profits.
- The board adopted an antitakeover measure to protect the company from a hostile bid.
Synonyms
noun
- A strategy or action taken to prevent a corporate takeover.
- Legal experts debated the effectiveness of the company's latest antitakeover.
- Shareholders voted on whether to approve the proposed antitakeover.
- The CEO announced a new antitakeover to defend against the rival firm's offer.