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Lady Macbeth strategy

noun

  1. informal.
    a strategy in a takeover battle in which a third party makes a bid acceptable to the target company, appearing to act as a white knight but subsequently joining forces with the original (unwelcome) bidder


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Word History and Origins

Origin of Lady Macbeth strategy1

C20: after Lady Macbeth in Shakespeare's Macbeth (1605)

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inveterate

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