antitakeover measure

(redirected from Anti-Takeover Strategies)

Antitakeover Measure

Periodic or continual measures a firm's management takes to discourage unwanted or hostile takeovers. One example of an antitakeover measure 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. See also: Shark Watcher.

antitakeover measure

An action by a firm's management to block or halt a takeover by another party. Examples of antitakeover measures include a fairprice amendment, staggered terms of office for directors, and a requirement for an increased number of affirmative votes from shareholders to approve a takeover. See also show stopper.
References in periodicals archive ?
Rossi provides integrated strategies for managing the most difficult of structural issues including securities offering materials, SEC filings to go public, anti-takeover strategies, financial presentations and capital raising plans, annual shareholder meeting preparation, valuations and corporate governance.
and abroad; handled domestic and international joint ventures and product development arrangements; and lead corporate defense and anti-takeover strategies.
Vazquez has represented public and private companies in merger and acquisition transactions aggregating over $5 billion in total consideration, including advising boards of directors and special committees of independent directors on corporate governance matters, change in control issues, and anti-takeover strategies.