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:
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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 ...
- 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.
- 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 ...