People pill

People pill
A form of poison pill providing that the entire management threatens to resign in the event of a takeover.
Perfect capital market ...

People Pill
A defensive strategy to ward off a hostile takeover. Management threatens that, in the event of a takeover, the entire management team will resign.

Pac-Man defense
People pill
Pottinger (Australia)
Proposed sale of NB Power
Purchase price allocation ...

people pill A type of poison pill action in which most or all of the current management... per Signifying, for each. per capita Statistically accepted as average per person. Per Capita is used to quantify...

A people pill involves the threatened resignation of the whole management team in the event of a successful takeover.

The second-lowest-priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility of outperforming the average as a whole.
People pill ...

Highjacking; Hostile Takeover; in Play; Insider Trading; Killer Bees; Lady Macbeth Strategy; Leveraged Buyout; Leveraged Recapitalization; Lock-Up Option; Macaroni Defense; Management Buyout; Materiality; Merger; Pac-Man Strategy; People Pill; ...

A third type of poison pill, known as a people pill , is the threat that in the event of a successful takeover, the entire management team will resign at once, leaving the company without experienced leadership.

See also: Hostile takeover, Acquisitions, Banks, Expense, Preferred share