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\u2714 Flip-In Poison Pill:<\/strong> As per this strategy, the current shareholders purchase more stock at a heavy discount during an attempt of the takeover. A shareholder becomes less powerful in terms of voting due to the additional flow of shares in the current pool of shares that reduces the worth of the shares.<\/p>\n\u2714 Dead-Hand Pill: <\/strong>Shareholding of the bidder is diluted by the shares that are issued to shareholders. This strategy is also known as Dead-hand Poison Pill.<\/p>\n\u2714 No-Hand Pill: <\/strong>This strategy prohibits the redemption of the pill for a certain period.<\/p><\/div>\n\nStaggered board of directors: This strategy prevents the takeover process by preventing the entire board from being replaced at the same time, i.e. only certain numbers of directors are reelected annually or say in every 4 years. Thus Target Company doesn\u2019t wait too long for the board to turn over.<\/li>\nShark Repellents: This form of strategy is employed by the target company to avoid a hostile takeover. This can be periodic measure or continuous effort of target management who makes amendments to its bylaws. This strategy prevents the takeover by making the target company less attractive to the shareholders of acquiring firms.<\/li>\nGolden Parachutes: There is a contract with the key-executives of the target management by giving the number of substantial benefits such as cash bonuses, stock options or generous pay to executives in case they are taken over by another firm.<\/li>\nGreenmail: Target Company\u2019s management purchases its shares from a hostile acquirer company at a premium or a price higher than that prevails in a market. However, certain factors such as taxation and statute approval for the repurchase of shares at a premium area considerable obstacle to this strategy.<\/li>\n<\/ol>\n\n\n\n