Crown Jewel Defense

Description of Crown Jewel Defense. Explanation.

Definition Crown Jewel Defense. Description.

A Crown Jewel is a particularly profitable or otherwise particularly valuable corporate unit or asset of a firm.

The Crown Jewel Defense is an anti takeover strategy in which the target firm sells off attractive assets to a friendly third party or spins off the valuable assets in a separate entity. As a consequence, the target company becomes less attractive to the bidder.

Compare with: Anti Hostile Takeover Mechanisms  |  White Knight  |  Scorched Earth Defense

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End of description Crown Jewel Defense. An explanation.