noun, verb, -bagged, -bag⋅ging.| 1. | a bag filled with sand, used in fortification, as ballast, etc. |
| 2. | such a bag used as a weapon. |
| 3. | to furnish with sandbags. |
| 4. | to hit or stun with a sandbag. |
| 5. | Informal.
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| 6. | Poker. to deceive (one or more opponents) into remaining in the pot by refraining from betting on a strong hand, then raising the bet in a later round. |
| 7. | Poker. to sandbag one or more opponents. |
sandbag
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Sandbag
A stalling tactic used by management to deter a company that is showing interest in taking them over.
Investopedia Commentary
The company stalls in hopes that a more favorable company will take them over.
Related Links
The Wacky World of M&As
See also: Lobster Trap, Takeover, White Knight
Also spelled: sandbagging, sandbags, sandbagger
sandbag