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Glossary > P > "Pac-Man" Definition

Pac-Man

A form of defense used in a hostile takeover situation. The target firm turns around and tries to takeover the company that has made the hostile bid.

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Pac-Man - A form of defense used in a hostile takeover situation. The target firm turns around and tries to takeover the company that has made the hostile bid.

Pac-Man : a form of defense used in a hostile takeover situation. the target firm turns around and tries to takeover the company that has made the hostile bid.