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bear hug |
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Bear hug Often used in risk arbitrage. Hostile takeover attempt in which the acquirer offers an exceptionally large premium over the market value of the acquiree's shares so as to as to squeeze (hug) the target into acceptance.
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| bearhugging behavior of all the Stanislaus, the Attilios, the Christos, and the Boschkos on Marshfield, each of whom we had to stop and talk to every time we made our way up or down the block. It took six minutes before the photo-finish people flashed number 4 on top of number 3 on the Churchill Downs tote board, and Lukas could erupt in earnest, bearhugging his son and assistant Jeff on the track a few feet from where jockey Jerry Bailey raised a fist astride Grindstone. |
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