Pac-Man strategy

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WordNet 2.0 DictionaryDownload this dictionary
pac-man strategy
Noun
1. the target company defends itself by threatening to take over its acquirer
(hypernym) shark repellent, porcupine provision



Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Pac-Man strategy
Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.

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