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anti-takeover defense

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Noun1.anti-takeover defense - resistance to or defense against a hostile takeover
opposition, resistance - the action of opposing something that you disapprove or disagree with; "he encountered a general feeling of resistance from many citizens"; "despite opposition from the newspapers he went ahead"

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the media conglomerate controlled by Rupert Murdoch, has reached a settlement with a group of shareholders who sued the company over its handling of a ``poison pill'' anti-takeover defense.
Los Angeles-based Shearson financial consultant William Lappas said the high dividend serves as an anti-takeover defense.
Liberation commented, "Bally's attempted use of its 'poison pill' - an anti-takeover defense - as a club to beat down shareholders intent on engaging in a legitimate expression of shareholder democracy is brazen and unprecedented.
 
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