411 REFERENCE · Wiktionary
Pac-Man defense
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
From the arcade game Pac-Man (1980), in which the character being chased can sometimes turn round and eat its pursuers.
Noun
en business 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.
Alternative forms
en Pac-Man defence UK
See also
en white knight
en eponyms