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
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

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
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
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