TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PACMAN DEFENSE [1 record]

Record 1 2010-06-07

English

Subject field(s)
  • Commercial Law
  • Amalgamation and Partnerships (Finance)
  • Investment
DEF

Takeover defence strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.

OBS

The Pac-Man strategy is named after a popular video game of the early 1980s, in which each character that does not swallow its opponents is itself consumed.

French

Domaine(s)
  • Droit commercial
  • Fusion, absorption et coparticipation (Finances)
  • Investissements et placements
DEF

Technique anti-OPA utilisée par une société visée par une offre publique d'achat hostile, qui consiste à initier à son tour une offre publique sur l'initiateur de l'offre hostile.

Spanish

Save record 1

Copyright notice for the TERMIUM Plus® data bank

© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

Features

Language Portal of Canada

Access a collection of Canadian resources on all aspects of English and French, including quizzes.

Writing tools

The Language Portal’s writing tools have a new look! Easy to consult, they give you access to a wealth of information that will help you write better in English and French.

Glossaries and vocabularies

Access Translation Bureau glossaries and vocabularies.

Date Modified: