Word info

flip-in

Noun

Meaning

flip-in (plural flip-ins)

(business) A poison pill giving current shareholders of the targeted company the right to purchase additional stock at a discount before a potential takeover, so that the potential acquirer risks discriminatory dilution in the target company. The threshold level therefore effectively sets a ceiling on the amount of stock that any shareholder can accumulate before launching a proxy contest.

Source: en.wiktionary.org

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