Scorched-earth policy - Often used in risk arbitrage. Technique used by a company that has become the target of a takeover attempt to make itself unattractive to the acquirer. For example, it may agree to sell off its crown jewels or schedule all debt to become due immediately after a merger.
Scorched-earth policy : often used in risk arbitrage. technique used by a company that has become the target of a takeover attempt to make itself unattractive to the acquirer. for example, it may agree to sell off its crown jewels or schedule all debt to become due immediately after a merger.
Scorched-earth policy