TITLE

sandbag

PUB. DATE

January 2007

SOURCE

Bloomsbury Business Library - Business & Management Dictionary;2007, p6586

SOURCE TYPE

Book

DOC. TYPE

Reference Entry

ABSTRACT

A definition of the term sandbag is presented. It is a slang used for a hostile takeover situation, to enter into talks with the bidder and attempt to prolong them as long as possible, in the hope that a white knight will appear and rescue the target company.

ACCESSION #

26744429

Tags: DEFINITIONS;  TERMS & phrases;  SLANG;  CONSOLIDATION & merger of corporations;  TARGET companies

 

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