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board-out clause
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Financial Dictionary
board-out clause
A provision that permits a firm's board of directors to decide whether to enforce a supermajority antitakeover amendment.
Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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EIOBoard - In Out Board
In/out status, contact info, chat Outlook add-in, app, web and mobile
www.eioboard.com
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