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Meaning of 'Poison pill'

What does the saying 'Poison pill' mean?

Idiom: Poison pill

Meaning:

A poison pill is a strategy designed to prevent a company from being taken over.

Country: International English | Subject Area: Health & Medicine | Usage Type: Both or All Words Used
All idioms have been editorially reviewed. Submitted idioms may have been edited for correctness and completeness.
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