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 ?
Its website states that the facility "is one of only a few remaining 'hemp houses' in the country" that "continues to operate the original grid, rope, pulley, and sandbag system that was in use nearly two centuries ago.
Ranjit Choongh loading up sandbags and sand, which was taken to flood-hit areas
People had been asking for sandbags for their houses and were apparently told they could go and buy them for PS1.
Thailand's capital survived peak tides at the weekend thanks to a network of dikes and sandbags walls.
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.
On Saturday, the Lane County Sheriff's Office and the city of Springfield teamed up with the Corps to give away free sandbags to workshop attendees, once they'd learned how to use them.
FloodSax are a new kind of protection against floods that act in under five minutes, giving faster protection than heavy, outdated sandbags.
A fire station van was sent to the area with sandbags and a pump to disperse the water.
Seems as if no one understands that sandbags are to be utilized properly.
The observation post that spiked conflicts earlier this summer was removed but the sandbags were left on the site.
Roxana may find more than yellow ribbons on her return; there is a stack of unused sandbags still piled high at the end of her block.
The college was designated by the city to provide sandbags for temporary dikes to hold back the river.