Business, Legal & Accounting Glossary
The Macaroni Defense is an approach that a company may employ to prevent a takeover by issuing bonds that must be redeemed at an excessively high price point. The name alludes to the price of the bonds expanding like macaroni being cooked in water, making the deal hard to swallow.
Hostile takeover
Pacman defense
Poison pill
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This glossary post was last updated: 6th August, 2021 | 0 Views.