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People Pill |
Also found in: Wikipedia | 0.01 sec. |
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People pill A form of poison pill providing that the entire management threatens to resign in the event of a takeover. People Pill An antitakeover measure in which the entire management of the target company agrees and publicly states that it will resign collectively if the company is taken over. A people pill, if enacted, would make the takeover more difficult and costly for the acquiring company, and therefore intends to scare away potential hostile bidders. It is a form of a poison pill. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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