scorched earth


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Scorched Earth Policy

An antitakeover measure in which a company sells many or all of its "good" or desirable assets and/or issues an extraordinary amount of debt. A scorched earth policy is designed to make the company less attractive to potential acquirers. The obvious disadvantage to a scorched earth policy is the possibility that, even if the company remains independent, it may have acquired so many liabilities that it may not be able to maintain its operations easily. See also: Poison pill, Suicide pill.

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.
References in periodicals archive ?
Advocacy groups have long accused the Sudanese government of applying a scorched earth policy in the region as a military strategy, with hundreds of thousands of refugees fleeing to South Sudan and Ethiopia to escape the bomb attacks.
A scorched earth policy is a military strategy which involves destroying anything that might be useful to the enemy while advancing through or withdrawing from an area.
Scorched Earth taps into a debate that many say is the last major impediment to warming US-Vietnam relations.
The latest round broke out on August 11, when the military launched "Operation Scorched Earth," an all-out assault against the rebels.
Members of the delegation said that the aim of the visit dubbed ''Gaza in the Heart'' is to break the imposed siege on Gaza, stop the scorched earth policy of the Israeli authorities against the Palestinians.
2 million a month as well as field intelligence to Operation Scorched Earth.
In both campaigns, regular army forces have adopted the tactic of scorched earth, i.
The Sanaa government launched Operation Scorched Earth on August 11 with the aim of finally crushing the five-year-old uprising.
22) Nevertheless, in February 1942, the British government released copies of its secret Scorched Earth Policy to the governments of its various colonial dependencies and dominions.
THE evil anti-matter duplicate of Alex James' engaging A Bit Of A Blur, Luke Haines' scorched earth memoir stumbles drunkenly through the 1990s with a bad word for pretty much everyone.
That being said, the whole thing is laid out beautifully and there are times when it hits hard, like Julia Hasting's two page spread of pitch black comic panels with rain sleeting across the gutter, or Guy Billout's Chris Ware-esque drawing of the last house left on a scorched earth.
SCORCHED EARTH Wrecked greens at club after blunder