sandbag


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Sandbag

1. Informal; an anti-takeover measure.

2. When a company desires a takeover and it has a potential buyer, a stalling tactic the company uses to find a better buyer without scaring off the buyer it already has.

3. In sales, the practice of a salesperson to delay the completion of a deal until such time as he/she will be able to maximize his/her commission.

sandbag

An action taken by a company to stall an anticipated takeover attempt.
References in periodicals archive ?
On Wednesday two men came and said they were expecting high tides and they we were told they were going to put sandbags on the underpass but it never happened.
Our Sandbagger will help speed up protection by enabling users to fill sandbags quickly, right where they need them the most," he added.
On Saturday, the Lane County Sheriff's Office and the city of Springfield teamed up with the Corps to give away free sandbags to workshop attendees, once they'd learned how to use them.
They do what sandbags do - but they're like 'pillows' full of hundreds of absorbent crystals that when dry weigh no more than half a pint of milk.
They were so thin and Sandbag looked appalling - he wouldn't have lasted much longer.
When the flood waters are rising and the dam is about to burst, there are usually plenty of volunteer hands pitching in to fill and pile sandbags.
It depends on the level of the sea and sometimes it's about the stability of the way we put the sandbags," he said.
In Victoria, residents of the town of Horsham, home to 14,000 people, were yesterday scrambling to protect their homes with sandbags as the rising Wimmera River threatened 500 dwellings.
But Sandbag said most of the offset money from wealthy European companies bypasses needy African nations and goes to wealthier, developing countries such as China, India and Brazil.
Rumour has it that Sandbag the dog has survived being shot five times.
When the door refused to open, he assumed a sandbag had been placed against it on the inside.