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.

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.
References in periodicals archive ?
PEAK TIME FOR PACMAN -- Eight-division boxing champion Manny Pacquiao exercises after his morning run at Griffith Park in Los Angeles, California on Monday (yesterday in Manila) to reach his peak form with barely two weeks before fighting undefeated Floyd Mayweather Jr.
The simple premise of the game did not seem that different to Pacman actually - but the visual effects were out of this world.
However, reissued games such as Pacman can prove just as engaging today as when they were first released, attracting both nostalgia players and children too young for violent epics.
As EEG data were collected, participants looked at either of two computer-screen images containing four partial circles resembling open-mouthed Pacman figures.
UK Exclusive - Namco Classics II Ms Pacman - pounds 24.
Pac-Manhattan is a "large-scale urban game" that uses New York City streets to recreate the PacMan video game.
Max Capital also completed retail leases at 230 Park Avenue for Wachovia Bank and Pacman Cafe, a unique take-out sushi restaurant.
The Penguin system, called Pacman, was originally installed in early 2010, and then expanded in early 2011.
DUBAI: Dubai Youth Hockey Club (DYHC), a youth hockey development coaching programme in the UAE, will be holding the Pacman Avery Cub a Dubai Youth Hockey Tournament on Saturday the 24th of October at Nord Anglica International School, Al Barsha Dubai.
The clips will be added to earlier ones of Pacman in training shot by director Ryan Moore, the co-director and producer of the documentary "Manny.
Kimmel is a self-proclaimed "lucky rabbit's foot" for Pacman as he has had the Filipino on his show before every fight for nearly three years, dating back to his successful challenge of then-WBO welterweight champion Miguel Cotto.
Also on Monday, from noon to 3pm, young visitors get the chance to turn themselves into one of the famous Pacman ghosts and take part in a race to collect as many tennis balls as possible.