#financeterms
#terminology
💊What Is a Poison Pill?
👉A poison pill is a colloquial term for a defense strategy used by the directors of a public company to prevent activist investors, competitors, or other would-be acquirers from taking control of the company by buying up large amounts of its stock.
👉Poison pills were formally called shareholder rights plans.
#terminology
💊What Is a Poison Pill?
👉A poison pill is a colloquial term for a defense strategy used by the directors of a public company to prevent activist investors, competitors, or other would-be acquirers from taking control of the company by buying up large amounts of its stock.
👉Poison pills were formally called shareholder rights plans.