Definition Scorched Earth Defense. Description.
Scorched Earth Defense is a collection of anti takeover techniques
in which the target company in a hostile takeover makes itself unattractive
to the acquirer.
An example is the
Crown Jewel Defense, or
scheduling all debt to become due immediately after a merger.
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Compare with:
Anti Hostile Takeover
Mechanisms | Safe Harbor
| Art of War (Sun Tzu)
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