Poison Pill A defensive strategy corporations use to discourage hostile takeovers, by creating features that make its stock less of an attractive target. Home Resources Startup Law Dictionary Poison Pill Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :