Pac Man

What does it Mean? A form of defense used in a hostile takeover situation. The target firm turns around and tries to take over the company that has made the hostile bid.
Investopedia Says... Just think - all those years of playing Atari games could save a company someday.

Terms Related Links

Greenmail
Hostile Takeover
Lobster Trap
Macaroni Defense
People Pill
Poison Pill
Shark Repellent
Sleeping Beauty
Suicide Pill
Target Firm

Terms Related Links
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What happens to the stock prices of two companies involved in an acquisition?

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