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In business, when a company is threatened with takeover, the crown jewel defense is a strategy in which the target company sells off its most attractive assets to a friendly third party or spins off the valuable assets in a separate entity. Consequently, the unfriendly bidder is less attracted to the company assets.
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 ...
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The crown jewel of Bukele’s fight is the mega-prison known as the Terrorism Confinement Center, or CECOT, which he opened in 2023. ... Israel’s defense minister and Hamas’ slain military ...
The Imperial Crown Jewels of Iran, alternatively known as the Imperial Crown Jewels of Persia, includes several elaborate crowns, 30 tiaras, numerous aigrettes, a dozen jewel laden swords and shields, a vast number of precious unset gemstones and numerous plates and other dining services cast in precious metals and encrusted with gems.
“An attack on a major Turkish defense contractor, a public company, but also the crown jewel of Turkey’s defense industry, is going to be a huge trauma,” she said on Wednesday.
The disintegration of the Columbia space shuttle on February 1, 2003, was a turning point for the American space program, writes Douglas Brinkley. Seventeen years after the Challenger burned just ...
WWE Crown Jewel is a professional wrestling event produced by WWE, an American-based promotion. It is broadcast live and available only through pay-per-view (PPV) and WWE's livestreaming platforms.