Safe harbor
safe harbor
Noun
1. the target company defends itself by acquiring a company so onerously regulated that it makes the target less attractive (gives it a safe harbor)
(hypernym) shark repellent, porcupine provision
Safe harbor
Often used in risk arbitrage. Form of
shark repellent whereby a
target company acquires a business so onerously regulated it makes the target less attractive, giving it, in effect, a safe harbor.