1. designed to prevent or resist a hostile takeover of a company
Usage: business/finance term; typically used in corporate contexts

Examples

• The board adopted antitakeover measures to protect the company from hostile bidders.
• The company implemented an antitakeover strategy that included a poison pill provision.
• Antitakeover defenses can include staggered boards and golden parachutes.
• Shareholders debated whether the antitakeover policy was in their best interest.
• The firm's antitakeover provisions made it an unattractive target for acquisition.