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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.

Page last modified on Monday December 2, 2013 12:15:00 GMT-0000