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English definition of “anti-takeover”

anti-takeover

adjective [before noun]    
FINANCE used to describe the actions a company takes to prevent it from being bought by another: anti-takeover defences/measures/provisions The board would like a higher price in exchange for dropping its anti-takeover defenses and entering into a friendly merger agreement .
(Definition of anti-takeover adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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