An extreme kind of poison pill in which a company trying to avoid a hostile...

An extreme defensive tactic employed by the management of a target corporation to prevent a hostile takeover. The defensive tactics are so extreme that they typically lead to the destruction of the target corporation. See: Suicide.

A form of shark repellent: a strategic move by a takeover target company to make its stock less attractive to a potential acquirer. Named after the mass suicide led by Jim Jones of Jonestown Guyana in the early 1980s, this strategy appears suicidal for the target company. It may consist of taking on a huge amount of debt or selling off the company's crown jewels in order to make the corporation look less attractive to the potential acquirer.