Form of acquisition defense that awards top management excessive compensation upon the company’s acquisition.
Golden Parachute
Posted: August 6, 2009Topics: Glossary
About the Author
Will Dearman is the Editor of TheStrategyBlog. His professional experience includes acquiring and later selling a portfolio of Internet-based companies as well as working as a credit underwriter in Bank of America's commercial middle market bank. His interests include finance, innovation, strategy and social technology. Find him on Twitter!