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scorched earth
(redirected from Scorched-earth Defense)

    Also found in: Wikipedia, Hutchinson 0.01 sec.
scorched earth
An antitakeover strategy in which the target firm disposes of those assets or divisions considered particularly desirable by the raider. Thus, by making itself less attractive, the target discourages the takeover attempt. Such a strategy is almost certain to penalize the shareholders of the target firm. Compare crown jewel.
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