|
|
Crown jewel |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Crown jewelA particularly profitable or otherwise particularly valuable corporate unit or asset of a firm. Often used in risk arbitrage. The most desirable entities within a diversified corporation as measured by asset value, earning power, and business prospects; in takeover attempts, these entities typically are the main objective of the acquirer and may be sold by a takeover target to make the rest of the company less attractive. See: Scorched earth policy.Crown jewel Similar MatchesCrownCrownA term sometimes used in wills which effectively means HM Treasury. In the event of a deceased person not having made a will (intestacy), the proceeds from the estate pass to the Crown. |
|
|
|