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MACARONI DEFENSE
\mˌakɐɹˈə͡ʊni dɪfˈɛns], \mˌakɐɹˈəʊni dɪfˈɛns], \m_ˌa_k_ɐ_ɹ_ˈəʊ_n_i d_ɪ_f_ˈɛ_n_s]\
Definitions of MACARONI DEFENSE
1910 - Black's Law Dictionary (2nd edition)
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When
a
company
requires
securities
be
purchased
at
a
high
cost
preventing
a
hostile
takeover
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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MACARONI DEFENSE
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