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Definition of 'Suicide Pill'
A defensive strategy by which a target company engages in an activity that might actually ruin the company rather than prevent the hostile takeover. Also known as the "Jonestown Defense."
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Investopedia explains 'Suicide Pill'
This is an extreme version of the poison pill.
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Search results for 'Suicide Pill'
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http://www.investopedia.com/articles/03/072903.asp
... However, this approach can prove to be a suicide pill because, even if it is successful,
the company must try to reassemble itself or go down in the flames of ...
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http://www.investopedia.com/articles/01/050901.asp
... An extreme version of the poison pill is the "suicide pill" whereby the
takeover-target company may take action that may lead to its ultimate destruction. ...
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http://stocks.investopedia.com/stock-analysis/2012/Weight-Watchers--Yo-Yo-Performance-And-Debt-Gluttony-WTW-NTRI-MED-ABT0216.aspx
... But I've also seen many great businesses commit deferred suicide by gorging on cheap
debt ... seen so far, the answer would seem to be "no." Sure, a pill, shake or ...
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