Macaroni defense - Definition

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 at a high price if the company is taken over.



Terms near "Macaroni defense"

Macau Pataca
Macaulay Duration
MACD
MACD Histogram
Macedonia Denar
Macro risk
Macro-based
Macro-hedge
Macroeconomics
MACRS
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