a defensive tactic against a hostile takeover in which the targeted company makes its own bid to take over the hostile firm.
In Defense of the Figurative Use of Literally
By Rebekah Otto Recently the wordsmiths of the United States have availed themselves once again to decry the figurative use of the word literally. This particular spate of analysis finds its origins in a Reddit post titled, “We did it guys, we finally killed English,” which featured an image of Google’s definition for the word. Since that popular post, journalists and language experts have added their voices …
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Origin of Pac-Man defense
First recorded in 1980–85; after Pac-Man, a character in a video game that devours its attackers
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019