safe harbor

/seɪf ˌhɑrbər/
IPA guide

Other forms: safe harbors

Definitions of safe harbor
  1. noun
    the target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive
    “the acquisition gave the company a safe harbor”
    see moresee less
    type of:
    porcupine provision, shark repellent
    a measure undertaken by a corporation to discourage unwanted takeover attempts
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