Jun 16, 2010 15:57
13 yrs ago
English term
Argentina
ProZ.com Member Services & Support Staff
Native in: Spanish 
, Kinyarwanda , Zuni , American Sign Language
Works in: English to Spanish, Chamorro to Kinyarwanda, English to Gujarati, and 13 more.
people pill
GBK
English to Swedish
Bus/Financial
Finance (general)
Definition from
Bloomberg.com:
A form of poison pill providing that the entire management threatens to resign in the event of a takeover.
Example sentences:
On the other hand, hostile takeovers often result in the management being fired anyway, so the effectiveness of a people pill defense really depends on the situation. (Investopedia)
Borden chief executive Romeo J. Ventres, calling the defense a "people pill," in contrast to the widely used "poison pills," said that any bidder who tries to take over Borden at a low-ball price would face an executive suite exodus that could cripple the firm overnight. (Los Angeles Times)
Now the managers at Borden, the food and consumer-products giant, have created a novel repellent they call a "people pill." (Time)
Change log
Jun 16, 2010 15:32: changed "Kudoz queue" from "In queue" to "Public"
Jun 16, 2010 15:57: changed "Stage" from "Preparation" to "Submission"
Jun 19, 2010 16:56: changed "Stage" from "Submission" to "Selection"
Jun 26, 2010 16:56:
Jul 16, 2010 16:57:
Aug 15, 2010 16:56: