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macaroni defense

Anti-hostile takeover technique in which a potential-target firm issues a large number of bonds with a very high discount on the redemption value provided the firm is taken over. Its name comes from the allusion that the cost of a hostile takeover expands several times, like macaroni does when cooked.

Related information about macaroni defense:
  1. Macaroni Defense Definition | Investopedia
    An approach taken by a company that does not want to be taken over. The company issues a large number of bonds with the condition they must be redeemed ...
     
  2. Macaroni Defense - Financial Dictionary - The Free Dictionary
    A tactic used by a corporation that is the target of a hostile takeover bid involving the issue of a large number of bonds that must be redeemed at a higher value if ...
     
  3. Macaroni Defense - Legal Dictionary - The Free Dictionary
    A defensive strategy based on issuing special stock that is used to deter aggressors in corporate takeover attempts. The poison pill is a defensive strategy used ...
     
  4. Macaroni Defense - The Free Dictionary
    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 ...
     
  5. Macaroni Defense - Wiki | The Motley Fool
    The Macaroni Defense is an approach that a company may employ to prevent a takeover by issuing bonds which must be redeemed at an excessively high price ...
     
  6. What is macaroni defense? definition and meaning
    Definition of macaroni defense: Anti-hostile takeover technique in which a potential-target firm issues a large number of bonds with a very high discount on the ...
     
  7. Macaroni Defense: Definition from Answers.com
    Macaroni Defense An approach taken by a company that does not want to be taken over. The company issues a large number of bonds with the condition they.
     
  8. macaroni defense - Business Definition
    macaroni defense definition: A defensive tactic against a hostile takeover in which the potential target company issues a large number of bonds that must be ...