Pac Man defense

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Pac Man Defense

An antitakeover measure in which a target company attempts a hostile takeover of the acquiring company. That is, an acquiring company attempts a hostile takeover, and, rather than submitting to the takeover, the target company attempts the same thing on the acquiring company.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Pac Man defense

A defensive antitakeover tactic in which the target firm attempts to take over the acquiring firm. The target hopes that the acquiring firm will call off the takeover attempt and look for easier pickings.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
We've had students make their own version of Pac Man on Scratch, they controlled Pac Man through the game by connecting the alligator clips to marshmallows and squeezing them when they wanted him to move.
With a chance to win every time, the new campaign integrates the technology of today with a vintage game everyone loves; the giant "Pac Man" maze has been installed on the ground floor.
Installed on the ground floor of City Mall, the giant "Pac Man" maze will test the "Pac Man" players' speed to find the exit within a given time frame and will have to avoid bumping into the monsters who will try to block their way.
The Pac Man beat American Algieri in his last fight before his super bout with Mayweather and Khan reckons a similar outcome in New York on Friday could lead to the shot he has long been waiting for.
The Pac Man game is also available in the Google Maps mobile application.
Pac man. Within four minutes, Randy was grinning on the front porch, fingers suffocating a wad of greenbacks identical to mine.
The trading cards, stickers and other collectibles prove that we've come a long way from the innocent age of the fruitmunching original, but Pac Man has still definitely got some moves for today's generation, even if he does look a little bit different.
Pac Man, shows the reader how to use modern open source tools to easily reproduce the classic games that defined the genre in the 1970s and 1980s.
Summary: Tetris, Pac Man and Space Invaders were programmed on a building in Brazil.
"Games which were invented years ago, like Space Invaders, Donkey Kong, Super Mario and Pac Man, all appear in the top ten," the Sun quoted John Sewell, spokesman for OnePoll, as saying.
England +14 v Australia 2pts 10-11 general Tony Smith has got his England side on the up and they can give the Aussies plenty to think about in today's final at Elland Road Rugby League Four Nations final, page 122 Northampton v Grimsby 2pts 8-11 Hills, Ladbrokes, P Power The Cobblers have fixed their early-season problems and can continue their improvement with a win over Grimsby Mark Langdon, page 126 M Pacquiao to win by decision 2pts 4-1 Ladbrokes The Pac Man faces the toughest fight of his career as he squares up to Miguel Cotto in Las Vegas tonight Boxing, page 125
Former Crumlin amateur Byrne has been training in the famous Wild Card Gym along side the Pac Man for his last three super-fights and believes, just as in those bouts, Pacquiao will emerge victorious when he takes on Miguel Cotto this weekend.