Finance:Killer bees (business)
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Killer bees are firms or individuals that are employed by a target company to fend off a takeover bid.[1] These include investment bankers (primary), accountants, attorneys, tax specialists, etc. They aid by utilizing various anti-takeover strategies, thereby making the target company economically unattractive and acquisition more costly. Corporations defend against these strategies using so-called 'shark repellents.'[1]
Examples of strategy implementation by third parties are poison pills, people pills, white knights, white squires, Pac-Man defense, lobster traps, sandbagging, whitemail, and greenmail.
See also
References
- ↑ 1.0 1.1 Liberto, Daniel. "Killer Bees Definition" (in en). https://www.investopedia.com/terms/k/killerbees.asp.
Original source: https://en.wikipedia.org/wiki/Killer bees (business).
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