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Definition of

Pac Man defense

Mergers & Acquisitions

offer to purchase buyer to avoid firm's takeover a strategy by a company seeking to avoid a hostile takeover, in which the target company makes an offer to purchase the prospective buyer

Definitions of ’Pac Man defense’ and meaning of ’Pac Man defense’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Pac Man defense’ and other financial terms with our online QFINANCE Financial Dictionary.

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