Safe Harbor (U.S.)
Another way of fighting off an unfriendly takeover by a company. Here, the company that is the object of the takeover goes out and buys a radio station, airline, or similar business, under the assumption that ownership of a subsidiary in such a heavily regulated industry will make acquisition of the company less attractive.
Originally written on
December 16, 2010
and last modified on
January 19, 2018.