Lady Macbeth strategy


noun

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 Origin for Lady Macbeth strategy

C20: after Lady Macbeth in Shakespeare's Macbeth (1605)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012