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pac-man defense

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Pac-Man defense

  [pak-man]
Use pac-man defense in a Sentence
–noun
a defensive tactic against a hostile takeover in which the targeted company makes its own bid to take over the hostile firm.
Origin:
1980–85; after Pac-Man, a character in a video game that devours its attackers
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Pac-Man defense   (pāk'mān')   
n.  A stratagem used to prevent a hostile takeover, by which the target company tries to acquire the bidder.

[After Pac-Man, trademark for a video game in which a character gobbles up its opponents.]
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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