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Finance Dictionary and Glossary of Investment Terms
People pill
Definition 1.
A form of poison pill providing that the entire management threatens to resign in the event of a takeover.
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Definition 2.
A type of poison pill in which most or all of the current management team threatens to quit in the event of a hostile takeover.
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Definition 3.
A defensive strategy to ward off a hostile takeover. Management threatens that, in the event of a takeover, the entire management team will resign.
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