"poison pill" as noun
1 - Any strategy designed to produce negative results for an entity carrying out a takeover.
2 - A provision in a bill that leads to people who would have supported it opposing it instead.
A poison pill is a strategy or tactic used to protect a company from hostile takeovers. It is a defensive measure that makes it difficult or costly for an outside party to acquire a significant stake in the company without the board's approval.
1 - Any strategy designed to produce negative results for an entity carrying out a takeover.
2 - A provision in a bill that leads to people who would have supported it opposing it instead.
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