Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. Informal A plan or tactic intended to make a hostile corporate takeover prohibitively expensive, as one in which a company's stockholders are offered shares of stock at a bargain price in the event that a single suitor acquires a high percentage of the stock.
Wiktionary
- n. business Any strategy designed to produce negative results for an entity carrying out a takeover.
- n. politics A provision in a bill that leads to people who would have supported it opposing it instead
WordNet 3.0
- n. the target company defends itself by making its stock less attractive to an acquirer
Examples
“The studio hasn't developed enough of any other programming to fill in if they made the decision (not even close, they have only 3 new original pilots on que) and their poison pill in the Leno contract is not in any way "small" in fact, it's pretty damn big. mattCR”
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