Dictionary.com
Thesaurus.com

Pac-Man defense

American  
[pak-man] / ˈpækˌmæn /

noun

  1. a defensive tactic against a hostile takeover in which the targeted company makes its own bid to take over the hostile firm.


Etymology

Origin of Pac-Man defense

First recorded in 1980–85; after Pac-Man, a character in a video game that devours its attackers