FT MarketWatch

Sandbag

A strategy used by the management of a Target company to delay any Action by a given potential acquirer, in the hope that a more attractive acquirer will surface.

Related Terms: 3 Action, Pot, Target
Other Related Pages: Category: Mergers_and_Acquisitions Starting With: S
Additional Related Terms: 10-Q, Active asset, Active account, Adjustable rate, Asset management account, Accrual of discount, Active management, Amortization of premium, At par, All or any part