Form of acquisition defense that raises the minimum number of votes required for approval of a merger (e.g., to two-thirds or three-quarters of outstanding shares), implying that a hostile acquirer needs more than 50 percent of the votes to effect a change in control.
Category: Glossary
About the Author: Hello, I'm Will Dearman. I'm a data-focused consultant, aspiring strategist, and dad. I love experiments, big data, bigger ideas, adventures, and solving problems. I'm an INTJ. Find me on Twitter or Google+ If you liked this post, please subscribe to this blog.
| Hello, I'm Will Dearman. I'm a data-focused consultant at a global bank, aspiring strategist, and dad. I love experiments, big data, bigger ideas, adventures, and solving problems. |  |