释义 |
pac-man strategy ThesaurusNoun | 1.pac-man strategy - the target company defends itself by threatening to take over its acquirerporcupine provision, shark repellent - a measure undertaken by a corporation to discourage unwanted takeover attempts |
Pac-Man strategy
Pac-Man strategyTakeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.Pac Man DefenseAn antitakeover measure in which a target company attempts a hostile takeover of the acquiring company. That is, an acquiring company attempts a hostile takeover, and, rather than submitting to the takeover, the target company attempts the same thing on the acquiring company.pac-man strategy
Words related to pac-man strategynoun the target company defends itself by threatening to take over its acquirerRelated Words- porcupine provision
- shark repellent
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