Super Finance Glossary
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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.