   
|
|
Killer Bee
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
A killer bee is a party who helps a company avoid a hostile takeover by another company. A killer bee is usually an investment banker. The killer bee devises strategies to make the company less attractive or much more difficult to acquire. Often, the killer bee will revise the company's charter; in so doing, the killer bee may require the hostile party to spend an enormous amount of money upon takeover, to give current shareholders a large number of stock shares redeemable upon takeover, or to give the current management members very large benefits, etc. In the jargon of mergers and acquisitions, a killer bee is a type of shark repellent, meaning any device used to thwart a hostile takeover.
Rate this killer bee definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |