POISON PILL


Meaning of POISON PILL in English

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.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.