Super Finance Glossary
Over 10,000 financial glossary terms...
Pac-Man Strategy
Pac-Man Strategy
Definition: 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.
Definition: 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.