Killer bees (business)
From Wikipedia, the free encyclopedia
Killer bees are firms or individuals that are employed by a target company to fend off a takeover bid; these include investment bankers (primary), accountants, attorneys, tax specialists, etc. They aid by utilizing various anti-takeover strategies, thereby making the target company economically unattractive and acquisition more costly.
Examples of strategy implementation by third parties are poison pills, people pills, white knights, white squires, shark repellent, Pac-Man defense, lobster traps, sandbagging, whitemail, and greenmail.
