Anti- 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.
POISON PILL
Meaning of POISON PILL in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012