Takeovers defences for BIOTA:Short-term defence Increase the...

Takeovers defences for BIOTA:

Short-term defence
Increase the cost of proposed takeover
(1) Releasing favourable information
(2) Announcing higher dividends or a bonus issue
(3) Announcing its own acquisition proposal
Long-term defence
Disperse shareholding of target
a. Internal cross shareholdings in corporate groups
b. Issuing convertible shares
c. White Squire
In U.S., the common White Squire plan is to grant options to subscribe new shares.
(1) Reduce the proportion of public shares by share buy-backs
(2) Increase the cost of takeover
(3) Option plans and Golden Parachutes
(4) Assets revaluing or restructuring
(5) Assets redeployment: Crown Jewel defence
Crown Jewel means transfer of the principal assets or departments, via sale, trust, joint venture or other means

My limited experience in the matters..

JDK