Crown jewel

Definition: [crh] A particularly profitable or otherwise particularly valuable corporate unit or asset of a firmDefinition: . 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 objecDefinition: tive of the acquirer and may be sold by a takeover target to make the rest of the company less attractive. See: Scorched earth policy.

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