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.
References in periodicals archive ?
Kaar says that city officials, including the mayor and members of the city council, concurred that the availability of the Sandbagger proved invaluable to homeowners when they were trying to stem the tide of the July flood waters.
(74.) A strategic sandbagger is a buyer who closes on a deal
The inventor of the Auto Sandbagger has developed a working prototype that has been utilized with success.
Because the BCB Sandbagger is collapsable and can be erected in seconds, it speeds up transportation, storage and filling in the "field" where the sandbags are needed.
The Yamaa Trust, chaired by David Scott, the Honorary Consul for Mongolia in Scotland, were set up five years ago by veterans of expeditions organised by Scots-based company Sandbaggers.
1 The Sandbaggers; 2 Telephone Line; 3 The Man With The Golden Gun; 4 The Joker; 5 Ready, Steady, Go.
Although Dennis Burgess did a lot of theatre work many of his acting jobs throughout the 1970s were small parts in popular TV series such The Professionals, The Sandbaggers, Space 1999, Within These Walls and Public Eye.
Last weekend, a regular golfing foursome of friends, Larry Baker from Lunenburg, Joe Lizotte from Ashburnham, and Dave Laaksonen and Mike Bastien, both from Fitchburg, were taking their drives, iron shots and putts at Sandbaggers, playing simulated golf at the Michigan Donald Ross Memorial Course, one of 29 different courses that can be called up on the huge computerized video screen.
The Yamaa Trust, chaired by David Scott, the Honorary Consul for Mongolia in Scotland, was set up five years ago by veterans of expeditions organised by Scots-based company Sandbaggers.
Born in Hampstead, London, Sue is a respected theatre actress and starred in Seventies spy series The Sandbaggers before her role in Only Fools.
The58-year-old actress, best known for her roles in The Cuckoo Waltz, The Sandbaggers and Rings On Their Fingers, took a lead role in the 1987Taggart production Cold Blood, free thanks to your Daily Record on Monday.