HyperDic: pac-man_strategy

English > 1 sense of the expression pac-man strategy:
NOUNactpac-man strategythe target company defends itself by threatening to take over its acquirer
English > pac-man strategy: 1 sense > noun 1, act
MeaningThe target company defends itself by threatening to take over its acquirer.
Broadershark repellent, porcupine provisionA measure undertaken by a corporation to discourage unwanted takeover attempts

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