shark repellent

(redirected from Shark repellant)
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
References in periodicals archive ?
The final section, on peptide toxins, contains a review of the work on conotoxins, the biologically active peptides in cone snail venom; sea anemone polypeptide toxins that affect sodium channels; and chapters on sea snake venom (neurotoxins), the cytolytic peptides found in sea anemones, some natural jellyfish toxins, plus an article on pardaxin, the neurotoxic polypeptide from the Red Sea Moses sole, Pardachirus marmoratus, which targets gills and pharynx of aquatic animals and is eyed as a shark repellant.