"Poison put" Definition
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 Glossary   >   P   >   "Poison put" Definition   

        Poison put

A covenant allowing the bondholder to demand repayment in the event of a hostile merger.

Poison put


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Poison put - A covenant allowing the bondholder to demand repayment in the event of a hostile merger.


Poison put : a covenant allowing the bondholder to demand repayment in the event of a hostile merger.