The original idea was to help protect the company from a takeover.
He said the focus on more traditional companies stems from the takeover of so many dot.coms by such concerns.
Nowadays not even the largest companies are safe from a takeover.
His revised offer included shares in the company that would result from a takeover.
His staff rescued a failing $1.6 million housing program from a federal takeover.
Lord Hanson was forced to back down from the takeover.
Companies whose shares are selling well below the issuing price may want to protect themselves from a takeover.
"We now have at least the ability to defend ourselves from inappropriate foreign takeovers."
You saved him from a rapid takeover by the bacteria, but couldn't stop it entirely.
Typically, the company's management group also gets a bigger stake in the concern, thus protecting it from a potential takeover.
