Scorched-earth defense
id:
scorched-earth-defense-237-5989635
title:
Scorched-earth defense
text:
The scorched-earth defense is a form of risk arbitrage and anti-takeover strategy. When a target firm implements this provision, it will make an effort to make itself unattractive to the hostile bidder. For example, a company may agree to liquidate or destroy all valuable assets, also called crown jewels, or schedule debt repayment to be due immediately following a hostile takeover. In some cases, a scorched-earth defense may develop into an extreme anti-takeover defense called a poison pill.
brand slug:
wiki
category slug:
encyclopedia
description:
Military strategy
original url:
https://en.wikipedia.org/wiki/Scorched-earth_defense
date created:
date modified:
2024-03-23T13:38:36Z
main entity:
{"identifier":"Q7435285","url":"https://www.wikidata.org/entity/Q7435285"}
image:
fields total:
13
integrity:
14