411 REFERENCE · Wiktionary
Revlon mode
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
After the legal case Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.
Noun
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en US business The position of a company whose sale or breakup is imminent and whose directors' responsibility is consequently narrowed to securing the highest possible price to benefit stockholders.