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Poison Put |
Description of Poison Put. Explanation. |
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Definition Poison Put. Description.
A Poison Put in Corporate Finance is a provision in a corporate bond or note that gives its holder the option of redeeming the bond or note at its (high) par value if certain events occur. These events may include a restructuring, the payment of a large dividend or an unfriendly takeover. Forum Comment on this PageCompare with: Anti Hostile Takeover Mechanisms |
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End of description Poison Put. An explanation. |
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