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LSDefine

Simple English definitions for legal terms

structural takeover defense

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A quick definition of structural takeover defense:

A structural takeover defense is a way for a company to protect itself from being taken over by another company. This defense is put in place by the company to make it difficult for another company to take control without having any financial or operational impact on the target company. This can include legal mechanisms or policies that discourage hostile takeover attempts. Another type of takeover defense is a transactional defense, which involves financial or operational transactions designed to make a takeover bid more difficult. Examples of this include issuing new shares of stock or acquiring expensive assets.

A more thorough explanation:

Structural takeover defense is a legal mechanism adopted by a corporation to prevent hostile takeover attempts without affecting the company's financial or operational status. It is also known as a "shark repellent" defense.

  • Poison Pill: A company can issue new shares of stock to existing shareholders, making it more expensive for the acquiring company to purchase a controlling interest. This makes the takeover less attractive and more difficult to achieve.
  • Porcupine Provision: A company can adopt a provision that allows shareholders to redeem their shares at a premium if a hostile takeover occurs. This makes the takeover more expensive for the acquiring company and less attractive to shareholders.

These examples illustrate how a company can use structural takeover defense to make it more difficult for another company to acquire a controlling interest. By making the takeover more expensive or less attractive, the target company can discourage hostile takeover attempts and maintain its independence.

structural alteration | structural unemployment

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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.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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