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Such defenses are meant to make hostile takeovers prohibitively expensive for unwanted suitors.
Buyers have so far proved unwilling to make hostile offers, especially when crossing borders.
Many of the biggest leveraged buyout shops are not even looking to make hostile takeovers.
The second has been large cross-shareholdings among friendly companies, which make hostile takeovers all but impossible.
German companies, led by Volkswagen, are adamantly fighting proposals by the European Commission that would make hostile takeovers easier.
And I never tried to look at another driver (my own profiling) much less make hostile eye contact.
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Banks are hesitant about making hostile bids for each other.
While companies made hostile takeover more difficult, hostile takeovers did not go away.
Companies also heavily lobbied states to adopt laws making hostile takeovers much harder.
A law governing takeovers may permit "poison-pill" defences, making hostile takeovers easier to stave off.
Poison pills are intended to deter unwanted suitors by making hostile bids prohibitively expensive.
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