-liblto_plugin_la_LDFLAGS = -no-undefined -bindir $(libexecsubdir) \
- $(if $(wildcard ../libiberty/pic/libiberty.a),,-Wc,../libiberty/libiberty.a)
+liblto_plugin_la_LIBADD = \
+ $(if $(wildcard ../libiberty/pic/libiberty.a),-L../libiberty/pic -liberty,)
+
+# Note that we intentionally override the bindir supplied by ACX_LT_HOST_FLAGS
+liblto_plugin_la_LDFLAGS = $(lt_host_flags) -bindir $(libexecsubdir) \
+ $(if $(wildcard ../libiberty/pic/libiberty.a),,-L../libiberty -liberty)