Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • adjective Of, relating to, or constituting measures or statutes intended to prevent hostile acquisition of one company in certain situations, such as one in which the acquisition is intended to eliminate competition.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective Countering a corporate takeover.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

anti- +‎ takeover

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Examples

  • The company recently adopted a poison-pill antitakeover provision, and Mr. Biglari launched a proxy fight to get himself elected to the board.

    A Buffett Devotee Riles His Targets Serena Ng 2011

  • One major wild card in a possible deal is activist investor Ronald Burkle , who has a 19.74% stake, just below the 20% threshold at which Barnes & Noble's "poison pill" antitakeover provision kicks in.

    Liberty Media Seeks Financing for Barnes & Noble Deal Gina Chon 2011

  • Mr. Icahn said the offer is conditioned on completion of due diligence, and the waiver of antitakeover devices, such as the poison pill.

    Icahn Makes $1.91 Billion Bid for Mentor Graphics Shara Tibken 2011

  • Noble has been feeling pressure from activist investor Ronald Burkle, who in February objected to the board's rejection of his request to acquire 37% of the bookseller's common stock without triggering a "poison pill" antitakeover provision.

    Noble Shakes Up Management Karen Talley 2010

  • A deal could snag on government opposition or a "poison pill" antitakeover measure.

    BHP Billiton Goes Hostile With Potash Bid 2010

  • Corp. shares, reigniting a hostile takeover campaign despite the company's effort to deter him with a "poison pill" antitakeover provision.

    Icahn Launches New Offer for Lions Gate 2010

  • Testifying in a lawsuit in which billionaire Ron Burkle is challenging the antitakeover measure, Barnes & Noble board member Michael Del Giudice said that if investors holding more than 20 percent of the book seller's shares simply agree to vote against the poison pill, that itself would trigger the pill.

    Barnes & Noble Director Defends Poison Pill; Lawsuit Drags On 2010

  • Noble has been feeling pressure from activist investor Ronald Burkle, who in February objected to the board's rejection of his request to acquire 37% of the bookseller's common stock without triggering a "poison pill" antitakeover provision.

    Noble Shakes Up Management Karen Talley 2010

  • Mr. Burkle sought to add to his stake without triggering the "poison pill" antitakeover plan but Barnes

    Corporate Watch 2010

  • Inc., saying the bookseller's shareholder-rights plan creates a "slanted playing field" in favor of the controlling Riggio family. saying the bookseller's antitakeover shareholder-rights plan is unfair and directors have breached fiduciary duties.

    Corporate Watch 2010

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