Shark repellent

Updated: Aug 20, 2021

Contracts entered into to make a company unattractive to potential takeover bidders. Contracts may be made with directors, for example, entitling them to large payments on loss of office, or giving them options to buy critical parts of company assets, or the company’s shares, at low prices.

Reference: Oxford Press Dictonary of Economics, 5th edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.