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Glossary > D > "Dead Hand Provision" Definition

Dead Hand Provision

A stipulation on a defense mechanism or poison pill used by companies in order to protect against a merger or takeover by another company. The dead hand provision prevents the removal of the poison pill even if shareholders of the target company favor the takeover.

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Dead Hand Provision - A stipulation on a defense mechanism or poison pill used by companies in order to protect against a merger or takeover by another company. The dead hand provision prevents the removal of the poison pill even if shareholders of the target company favor the takeover.

Dead Hand Provision : a stipulation on a defense mechanism or poison pill used by companies in order to protect against a merger or takeover by another company. the dead hand provision prevents the removal of the poison pill even if shareholders of the target company favor the takeover.