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Investing Glossary:
Poison pill
Copyright 2013,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Anti-takeover device that gives a prospective acquiree`s shareholders the Right to Buy shares of the Firm or Shares of anyone who acquires the firm at a deep Discount to their fair Market value. Named after the cyanide pill that secret government agents are said to be instructed to swallow if capture is imminent.
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