{"iri":"https://folio.openlegalstandard.org/R70UKIyaOuSXRR5xa6Vjm2e","label":"Shareholder Rights Plan","sub_class_of":["https://folio.openlegalstandard.org/RLxL22W67GcWCpN6VKZd50"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Poison Pill","alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A Shareholder Rights Plan, which is often called a \"poison pill,\" is a defensive strategy employed by corporations to deter hostile takeovers. This plan gives existing shareholders the right to buy additional shares at a discount, thus diluting the potential acquirer's stake.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}