Staggered Board
This defense strategy is often complemented with the poison pill technique. This technique, again aims at buying more time and increasing the difficulty for the predator. Staggered Board requires you to appoint multiple directors, at different time periods; thus, the acquirer has to engage himself in convincing the stockholders for fighting more than one proxy fight.
- Part of Speech: adjective
- Industry/Domain: Business services
- Category: Mergers & acquisitions
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