Pac-Man Strategy: 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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Pac-Man Strategy: 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.

Passive Portfolio Strategy: A strategy that involves minimal expectational input, and instead relies on diversification to match the performance of some market index. A passive strategy assumes that the marketplace wil . . . View Full Definition

Protective Put Buying Strategy: A strategy that involves buying a put option on the underlying security that is held in a portfolio. Related: Hedge option strategies.

Overlay Strategy: A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers.

Lady Macbeth Strategy: Strategy in which a third party poses as a white knight in a takeover bid, and then joins forces with an unfriendly bidder.

Randomized Strategy: A strategy of introducing into the decision-making process a chance element that is designed to confound the information content of the decision-maker's observed choices.

Spread Strategy: The status of an account after a spread order has been carried out.

Structured Portfolio Strategy: A derivative investment that will change in value with movements of an underlying index; or a note whose issuer makes swap arrangements to alter its required cash flows.

Strategy Guide: A document that outlines the specifics needed to complete a video game. Strategy guides can be found online at Websites such as mycheats or in book form from publishers like Brady Games, or Prima.

Strategy: A game where forward thinking, and decision-making skills are rewarded over quick reactions or good aim. Strategy games tend to come in two flavors: real-time strategy, and turn-based strategy.