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.

References in periodicals archive ?

Things have changed since Wright told that story in his 2009 book The People Pill, but the point of the story has not.

And providing good customer service is just one of the results Wright says you will see if you apply the "seven prescriptions" he offers in The People Pill.

The People Pill doesn't break much new ground--books examining the psychological side of management science are a dime a dozen.

First, The People Pill is an uncommonly easy read for a book of average length.

In fact, that's a recurring theme in The People Pill.

Arming managers with feelings

Mitchell might actually engage in these other behaviors--golden parachutes, greenmail, supermajority amendments, poison pills, people pills, lock-ups, scorched earth, and leveraged buyouts?