Finans
adil fiyat hukmu
İngilizce: fair price provision
Türkçe Tanım
Genellikle sirket esas sozlesmesine yerlestirilen ve devralma teklifinde bulunan tarafin tum pay sahiplerine asgari bir adil fiyat odemesini gerektiren kurumsal yonetisim guvencesidir. Zorlayici iki asamali devralma tekliflerini onlemeyi ve azinlik pay sahiplerini piyasa degerinin altinda satin alinmaktan korumay hedefler. Zehirli hap ve kademeli yonetim kurulu yapilarinin yaninda yaygin bir devralma savunma mekanizmasidir.
English Definition
A corporate governance safeguard, typically embedded in a company's articles of association, requiring that any acquirer in a takeover offer pay a minimum fair price to all shareholders. The provision is designed to prevent coercive two-tier tender offers and protect minority shareholders from being bought out at below-market prices. It is a common anti-takeover defence mechanism alongside poison pills and staggered boards.