Pac-Man Defense
外汇网2021-06-19 14:23:10
128
A defensive tactic used by a targeted firm in a hostile takeover situation. In a Pac-Man defense, the target firm turns around and tries to acquire the other company that has made the hostile takeover attempt. This term has been accredited to Bruce Wasserstein, chairman of Wasserstein & Co.
Taobiz explains Pac-Man Defense
This term comes from the Pac-Man video game. In the game, once Pac-Man eats a power pellet he is able to turn around and eat the ghosts that are chasing after him in the maze.
When one company makes an unsolicited and aggressive bid on another publicly traded company, the takeover attempt may not be welcomed by the targeted firm. In an attempt to scare off the would-be acquirers, the takeover target may use any method in an attempt to acquire the other company, including dipping into its war chest for cash to purchase the other company's stock.
标签：
随机快审展示
加入快审,优先展示
推荐文章
- 黑马在线:均线实战利器 9951 阅读
- 短线交易技术:外汇短线博弈精讲 5186 阅读
- MACD震荡指标入门与技巧 5286 阅读
- 黄金操盘高手实战交易技巧 5715 阅读
- 做精一张图 4441 阅读
热门文章
- 港币符号与美元符号的区别是什么啊？ 29672 阅读
- 我国各大银行汇率为什么不一样啊？ 19360 阅读
- 越南盾对人民币怎么算的？越南盾对人民币汇率换算方法是什么 14728 阅读
- 百利好环球欺诈，不给出金，无法联系。 12633 阅读
- 港元符号是什么啊 港元符号跟美元符号是一样吗 12392 阅读