killer bee(redirected from African honeybee)
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Related to African honeybee: Africanized
An investment banker who helps publicly-traded companies take periodic or continual measures to discourage unwanted or hostile takeovers. One example of an antitakeover measure in which a killer bee might assist is the macaroni defense, in which the company issues a large number of bonds with the proviso that they must be redeemed at a high price if the company is taken over.
An individual or organization that assists a firm in repelling a takeover attempt, especially by devising defensive strategies.