Kamikaze Defense


Kamikaze Defense
A type of takeover defense mechanism sometimes resorted to by a company that is the target of a hostile bid. Kamikaze defense involves reshaping the target company - either by divesting substantial assets or by making unappealing acquisitions - so that its attraction to a corporate raider is greatly reduced. Kamikaze defense mechanisms include such aptly-named strategies as the "scorched earth" tactic, the "sale of crown jewels" strategy and the "fatman" maneuver.

Since they can inflict irreparable harm upon the target company, kamikaze defenses can be considered as strategies of last resort to prevent it from falling into hostile hands. The name is derived from the tactics used by Japanese suicide pilots in World War II.


Investment dictionary. . 2012.

Look at other dictionaries:

  • kamikaze — /kah mi kah zee/, n. 1. (during World War II) a member of a special corps in the Japanese air force charged with the suicidal mission of crashing an aircraft laden with explosives into an enemy target, esp. a warship. 2. an airplane used for this …   Universalium

  • Military ranks and insignia of the Japan Self-Defense Forces — Military of Japan Service branches …   Wikipedia

  • Fat Man Strategy — A takeover defense tactic that involves the acquisition of a business or assets by a target company. The strategy is based on the premise that the bulked up company the fat man would have reduced appeal to a hostile bidder, especially if the… …   Investment dictionary

  • Sale Of Crown Jewels — A takeover defense tactic that involves the sale of the target company s prized and most coveted assets the crown jewels so as to reduce its attractiveness to the hostile bidder. The sale of a company s best assets will leave it as a mere shadow… …   Investment dictionary

  • Military history of the United States during World War II — American B 17 Flying Fortresses in flight over Europe …   Wikipedia

  • Operation Downfall — Operation Downfall …   Wikipedia

  • World War II — the war between the Axis and the Allies, beginning on September 1, 1939, with the German invasion of Poland and ending with the surrender of Germany on May 8, 1945, and of Japan on August 14, 1945. Abbr.: WWII * * * or Second World War (1939–45)… …   Universalium

  • Imperial Japanese Navy — (IJN) 大日本帝國海軍 (Dai Nippon Teikoku Kaigun) …   Wikipedia

  • Uss enterprise (cv-6) — Pour les articles homonymes, voir Enterprise. USS Enterprise …   Wikipédia en Français

  • Suicide attack — Kamikaze attack on the USS Bunker Hill, May 1945 …   Wikipedia


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