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Simple English definitions for legal terms

crown-jewel defense

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A quick definition of crown-jewel defense:

Term: Crown-Jewel Defense

Definition: Crown-jewel defense is a strategy used by a company to protect itself from a hostile takeover. If a company is threatened with a takeover, it may agree to sell its most valuable assets to a third party, making itself less attractive to the hostile bidder. This is done to prevent the takeover and protect the company's interests. It is similar to a game of chess, where the company is trying to protect its most valuable pieces, or "crown jewels," from being taken by the opponent.

A more thorough explanation:

Crown-jewel defense is a strategy used by a company to prevent a hostile takeover. It involves selling off the company's most valuable assets to a third party if a hostile bid is made. This makes the company less attractive to the potential buyer.

For example, if a company is being targeted for a takeover, it may sell off its patents, trademarks, or other valuable assets to a third party. This makes the company less valuable to the potential buyer, and may discourage them from pursuing the takeover.

Another example is if a company has a valuable subsidiary, it may sell that subsidiary to a third party to prevent the hostile takeover. This can make the company less attractive to the potential buyer, and may discourage them from pursuing the takeover.

These examples illustrate how crown-jewel defense can be used to protect a company from a hostile takeover. By selling off valuable assets, the company becomes less attractive to the potential buyer, and may discourage them from pursuing the takeover.

crown jewel | Crown land

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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