Meaning of Pac-Man defense | Babel Free
Definitions
A response to an attempted hostile takeover of a company, in which the target company, or a 'white knight' acting on its behalf, tries to turn the situation round by acquiring all or much of the other company.
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.