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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

sandbag

An action taken by a company to stall an anticipated takeover attempt.
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.