noun
Meaning 1
A poison pill giving current shareholders of the targeted company the right to purchase additional stock at a discount before a potential takeover, so that the potential acquirer risks discriminatory dilution in the target company. The threshold level therefore effectively sets a ceiling on the amount of stock that any shareholder can accumulate before launching a proxy contest.
Definition source: English Wiktionary via Wiktextract
Topics: business
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided