shark repellent

(redirected from Shark Repellants)
Also found in: Financial.

shark repellent

Any defensive financial tactic used by a company to fend off a hostile corporate takeover by another. Sensing that Gangrenous Inc. was looking to acquire their company to exploit its valuable intellectual property, the board of directors passed a number of shark repellents during their AGM to keep the hostile company at bay.
See also: shark

shark repellent

n. something that prevents corporate takeovers. (Securities markets.) Acme Systems tried again to get its board to approve a shark repellent to keep the Widget cartel from acquiring it.
See also: shark