Examlex
It is impossible to run a franchise completely from home.
Flip-Over Provision
This provision is a defensive strategy used by companies in their shareholder rights plans to deter hostile takeovers, allowing shareholders to buy shares of the acquirer at a discount after the takeover.
White Knight
A friendly investor or company that acquires a corporation at fair consideration, often to prevent a hostile takeover.
Unfriendly Suitor
A company or individual that makes a takeover attempt on another company without the consent or cooperation of the target company’s management.
Golden Parachute
A contract provision that gives a company's executives significant benefits if they are terminated as a result of a merger or takeover.
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