Question Details

	Username: LuckyWoman Rating: Asked to: Heng Kim Date Created: 23 Jan 2016
Category	28
Tag	Financial
Question	Please give the definition of 'Killer Bees'.

Advice from Guru

Hi LuckyWoman,

The merger and acquisition boom of the late 1980s forced companies to develop strategies to thwart would-be takeovers. Killer bees, named for the insect that aggressively swarms and overpowers its victims with hundreds of stings, act aggressively on behalf of a firm that is under the threat of an unfriendly or hostile takeover. The killer bee may employ tactics such as making the target company less attractive or more difficult to acquire.

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