The poison pill strategy, often known as a shareholder rights plan, is a strategy for fending off a hostile takeover. It's a strategy used by the target firm to make itself less appealing to potential acquirers (Koh, 2019). To cushion the blow of a hostile takeover, poison pill methods may be used. As is common in hostile acquisitions, the purchasing business will utilize abusive takeover techniques or leverage its dominating position to place the target company in a poor situation. Poison pills might be used in these situations to force the acquirer to negotiate rather than