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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

People pill  

Definition 1.

A form of poison pill providing that the entire management threatens to resign in the event of a takeover.
 

Definition 2.

A type of poison pill in which most or all of the current management team threatens to quit in the event of a hostile takeover.
 

Definition 3.

A defensive strategy to ward off a hostile takeover. Management threatens that, in the event of a takeover, the entire management team will resign.
 
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