{"iri":"http://lmss.sali.org/R70UKIyaOuSXRR5xa6Vjm2e","id":"R70UKIyaOuSXRR5xa6Vjm2e","label":"Shareholder Rights Plan","definition":"A Shareholder Rights Plan, which is often called a \"poison pill,\" is a defensive strategy employed by corporations to deter hostile takeovers. This plan gives existing shareholders the right to buy additional shares at a discount, thus diluting the potential acquirer's stake.","prefLabels":["Poison Pill"],"altLabels":[],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RDt4vQCYDfY0R9fZ5FNnTbj","label":"Document / Artifact"},"parents":[{"iri":"http://lmss.sali.org/RLxL22W67GcWCpN6VKZd50","id":"RLxL22W67GcWCpN6VKZd50","label":"Equity Agreements"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R70UKIyaOuSXRR5xa6Vjm2e/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}