Defences against hostile bids
1. Seek a white knight
2. Dispose off the crown jewels
3. Include anti-takeover provisions in the company's Articles of Association
4. Poison pill tactics
5. Public lobby
6. Make a counter offer for predator company
I know they're just finance jargons, but if I'd read this statement a year ago, I'd never have made sense out of it! And I would have thought it was some sort of medieval chivalrous story! hahaha
Plus I discovered that those advertisements we see in newspapers announcing rights issues or any other securities placements are called "Tombstone ads"
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