Frank Carlucci Frank Carlucci Frank Charles Carlucci III (October 18, 1930 – June 3, 2018) was an American politician and diplomat who served as the United States Secretary of Defense from 1987 to 1989 in the administration of President Ronald Reagan. Carlucci served in a variety of senior-level governmental positions, including Director of the Office of Economic Opportunity in the Richard Nixon administration, Deputy Director of the CIA in the Jimmy Carter administration, and Deputy Secretary of Defense and National Security Advisor in the Reagan administration. Carlucci was born in Scranton, Pennsylvania, the son of Roxanne (née Bacon) and Frank Charles Carlucci,
Nancy Reagan defense is, just say no." An early use of the term referred to NCR's takeover defense against AT&T in 1991. The term refers to the "Just Say No" anti-drug campaign of the early 1980s and repeated by former United States First Lady Nancy Reagan advocating abstinence from recreational drug use. Nancy Reagan defense The Nancy Reagan defense is a tactic in corporate finance used to counter a takeover or merger bidder who has made a formal bid to shareholders to buy their shares. When the board of directors of the target company meets to consider the bid, they "just say no."