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Finance > Pac-man Strategy
The following information is about Pac-man Strategy.
Pac-man Strategy Defined
Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.
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Kingdom Meikles: A fight Chanakira dare not lose
Published October 10, 2008, 8:23 am, New Zimbabwe
ON THIS column last week, GMRI Capital briefly reviewed the boardroom squabbles raging at one of Zimbabwe’s leading companies -- Kingdom Meikles Africa Limited.
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