Dictionary (text version) Products & Services  |  News   |  Support           About  |  Contacts
WWW.ITLOCUS.COM

Art Investing

Prices
Free Services
Getting Started
Traders Chat
Forums
Glossary
Download
Site map




 Glossary   >   L   >   "Lobster Trap" Definition   

        Lobster Trap

A strategy used by a target firm to prevent a hostile takeover. In a lobster trap, the company passes a provision preventing anyone with more than 10% ownership from converting convertible securities into voting stock.

Lobster Trap


Glossary   

Dictionary Search (powered by Google)
Google
WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM


Translate a web page (powered by Google)
     to


Dictionary

Paulmann

Паулманн

Дизайн

Базы данных

Дневник

bruck

wofi

sische

bankamp

grossmann

rzb

metal-lux

lussole

Copyright © 2004 itlocus.com. All rights reserved         Privacy Policy   
sische

Lobster Trap - A strategy used by a target firm to prevent a hostile takeover. In a lobster trap, the company passes a provision preventing anyone with more than 10% ownership from converting convertible securities into voting stock.


Lobster Trap : a strategy used by a target firm to prevent a hostile takeover. in a lobster trap, the company passes a provision preventing anyone with more than 10% ownership from converting convertible securities into voting stock.