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 ?
"People had been asking for sandbags for their houses and were apparently told they could go and buy them for PS1.60 from B&Q."
PREPARED: Sandbags out at Armitage Bridge and, above left, flooding on Manchester Road at the junction of Park Road, Huddersfield (PW070211Bflooding-01)
The beach will be closed from the St Clair Tennis Courts to Moana Rua Road for a couple of days from tomorrow as contractors fill and place sandbags. Items people could hurt themselves on will also be removed, but most of the material on the beach will be left where it is to help protect the dune.
Damp squib Sandbags in preparation for the rain that never came
Miley said about 140 trucks from the Carbondale district alone have been utilized in the disbursement of sandbags the last two weeks.
Ahead of the storms, the council received 30 calls requesting sandbags, then over the next 24 hours, they dealt with a number of reports of flooding and flood damage from across the county.
We used sandbags filled with the extracted soil to raise up the sides of the pond.
"We're in the process of getting some sandbags put down because it can get so bad the mud can come down into the garden.
since the 1970 Controlled Substances Act.) Eventually, I figured out that the theatre's rigging ropes, which were run over pulleys and tied to sandbags, were made of this naturally derived fiber, as opposed to the durable synthetic rope or steel cable of today's manual steel plate counterweight or motorized rigging systems.
Austin, TX, May 11, 2017 --(PR.com)-- The Dingo Sandbag is one of the most versatile and durable training sandbags on the market right now.
Sandbagging, wherein regular, moistened soil is stuffed into sandbags, tamped to flatten the bags and laid the way hollow blocks are laid.
Flood victims desperately scrambled to pile sandbags against their doors, while others threw bucket-loads of water out their windows.