people pill

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15:56 Jun 16, 2010
English to Slovak translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: people pill
Definition from Bloomberg.com:
A form of poison pill providing that the entire management threatens to resign in the event of a takeover.

Example sentence(s):
  • On the other hand, hostile takeovers often result in the management being fired anyway, so the effectiveness of a people pill defense really depends on the situation. Investopedia
  • Borden chief executive Romeo J. Ventres, calling the defense a "people pill," in contrast to the widely used "poison pills," said that any bidder who tries to take over Borden at a low-ball price would face an executive suite exodus that could cripple the firm overnight. Los Angeles Times
  • Now the managers at Borden, the food and consumer-products giant, have created a novel repellent they call a "people pill." Time
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Summary of translations provided
4ľudská otrávená tabletka
Milada Major


  

Translations offered


29 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
ľudská otrávená tabletka


Definition from University of Economics in Bratislava:
Ľudská otrávená tabletka – je jednou z alternatív otrávenej tabletky spočívajúcej
v hrozbe odstúpenia celého vrcholového manažmentu pokiaľ by k nepriateľskému
prevzatiu došlo. Táto hrozba prirodzene funguje len vtedy, pokiaľ sa jedná o kvalitný
a schopný vrcholový manažment, bez ktorého je ďalšie prevádzkovanie cieľového
podniku podstatne sťažené. V opačnom prípade totiž táto taktika proces nepriateľského
prevzatia len urýchľuje.

Example sentence(s):
  • Ľudská otrávená tabletka – je jednou z alternatív otrávenej tabletky spočívajúcej v hrozbe odstúpenia celého vrcholového manažmentu pokiaľ by k nepriateľskému prevzatiu došlo. Táto hrozba prirodzene funguje len vtedy, pokiaľ sa jedná o kvalitný a schopný vrcholový manažment, bez ktorého je ďalšie prevádzkovanie cieľového podniku podstatne sťažené. V opačnom prípade totiž táto taktika proces nepriateľského prevzatia len urýchľuje. - University of Economics in Bratislava  

Explanation:
Ide o obrannú taktiku spoločnosti v záujme nestať sa objektom nepriateľského prevzatia, ide o nový termín, ktorý na Slovensku ešte nie je rozšírený.
Milada Major
Slovakia
Local time: 15:41
Native speaker of: Slovak
PRO pts in category: 14
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