The Jonestown defense is an extreme corporation defense against hostile takeovers. In this strategy, the target firm engages in tactics that might threaten the firm’s existence to thwart an imposing acquirer’s bids. This is also known as a "suicide pill",[1] and is an extreme version of the poison pill.[2] The term refers to the 1978 Jonestown mass suicide in Guyana, where Jim Jones led the members of the Peoples Temple to kill themselves.
Jonestown Defense maneuvers are usually more extreme versions of existing tactics; share buybacks (which increase stock prices and decrease public equity at the cost of cash or debt financing), Crown Jewel maneuvers (selling off attractive assets at a discount to anyone except the acquirer) and similar. The main difference is that they are done to such an extreme that they threaten the company's livelihood. Companies attempting such maneuvers may thus find themselves insolvent, and in a position where they cannot resist continued takeover bids. The flip side is that the tactics reduce the company's value to potential buyers such that, unless the firm still possesses intangible assets (like a brand name or other intellectual property) that are valuable to the acquirer, the acquisition of this now-troubled firm becomes extremely unappealing.
The Jonestowndefense is an extreme corporation defense against hostile takeovers. In this strategy, the target firm engages in tactics that might threaten...
Jonestown Georgetown Port Kaituma The Peoples Temple Agricultural Project, better known by its informal name "Jonestown", was a remote settlement in Guyana...
self-destruction. Variations of the suicide pill include the JonestownDefense, the Scorched-earth defense, and the golden parachute. One urban legend suggests...
film 2010 Despedida Leah 2010 A Horrible Way to Die Sarah 2011 The JonestownDefense 2011 The Off Hours Francine 2011 Silver Bullets Charlie Also producer...
11th congressional district from 1973 until his assassination during the Jonestown massacre in 1978. Before that, he served in the California State Assembly...
Speier survived five gunshot wounds when Ryan was assassinated during the Jonestown massacre. Speier served as a member of the California State Senate, representing...
new religious movement which came to be known for the mass killings at Jonestown, was headquartered in San Francisco, California, United States from the...
Blood Shed, the psychodrama Under the Raven's Wing and the drama The JonestownDefense. He produced and co-directed the pilot for the television series Erroneous...
his 1968 capital murder trial and the Peoples Temple during the 1978 Jonestown tragedy. Born in Bridgewater, Massachusetts, to Armenian immigrant parents...
needed] In August 1977, after Peoples Temple leader Jim Jones fled to Jonestown following media scrutiny alleging criminal wrongdoing, Moscone announced...
pro se defense. Judge Jennifer Dorow ruled that Brooks was not allowed to argue to be a sovereign citizen in court, stating that the defense was without...
Mulebone and The Hugh Pool Band, Hugh scored a feature-length film (The JonestownDefense) and recorded and mixed a forthcoming DVD project for the band Pagoda...
telephone "patch" to members of his Peoples Temple who were living in Jonestown in Guyana. In her statement during the "Six Day Siege", she expressed...
before he was murdered while visiting the Jonestown settlement in Guyana. Actor John Wayne spoke after the Jonestown cult deaths, stating that people had accepted...
Jones, of Congressman Leo Ryan, who in November 1978 had ventured to Jonestown, the PT settlement in Guyana, South America, to investigate the allegations...
from San Francisco to Guyana. California Representative Leo Ryan was in Jonestown to check on the remote community, and he was killed by gunfire at an airstrip...
"How the Millennium Comes Violently". Alternative Considerations of Jonestown and Peoples Temple. San Diego: Department of Religious Studies, San Diego...
". Discover. Retrieved October 23, 2019. Meiers, Michael (1988). Was Jonestown A CIA Medical Experiment? A Review of the Evidence. New York: Mellen House...
used to store hundreds of bodies from the mass murder and suicide of the Jonestown community in Guyana. Some of the more memorable flights during the post-war...
concurrent throughout Harrisburg. I-83 / US 322 in Harrisburg I-78 near Jonestown I-80 near Hazleton I-476 in Dupont (near Pittston) I-84 / I-380 / US 6...
Davidians might commit mass suicide, as had happened in 1978 at Jim Jones' Jonestown complex. Koresh had repeatedly denied any plans for mass suicide when...
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