[ pak-man ]
/ ˈpækˌmæn /
a defensive tactic against a hostile takeover in which the targeted company makes its own bid to take over the hostile firm.
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What does “barren” mean?
Origin of Pac-Man defense
First recorded in 1980–85; after Pac-Man, a character in a video game that devours its attackers
Words nearby Pac-Man defense
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020