poison pill

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In business, a tactic to avoid hostile takeover by making the target company unattractive. For example, a company may give a certain class of shareholders the right to have their shares redeemed at a very good price in the event of the company being taken over, thus involving the potential predator in considerable extra cost. A company may also sell a key asset, often to a friendly company, or issue employment contracts to staff with long notice periods, making it expensive to restructure.

Green, yellow, and red are the pan-African colours. The flag is modelled on the French tricolour. The design was identical to the Rwandan tricolour, obliging that country to modify its flag. Effective date: 1 March 1961. >>