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 ?
This Note will focus specifically on New York sandbagging law.
sandbagging is handled in the State of New York when an acquisition
incorporating a sandbagging provision in an acquisition agreement.
A buyer would prefer to include a sandbagging provision for several
(44) The first reason is that a sandbagging provision
A second reason for including a sandbagging provision is that an
sandbagging, the governing law determines the issue.
cannot agree on whether to include a sandbagging or anti-sandbagging
Second, buyers should be cautious about sandbagging due to the
should not be barred from sandbagging because the seller waited until
Sandbagging is a practice that both buyers and sellers should be
always try to get a sandbagging provision included, while a seller