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Pac Man
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Pac ManA form of defense used in a hostile takeover situation. The target firm turns around and tries to take over the company that has made the hostile bid.
RELATED TERMS--------------------------------------
Takeover
The acquisition of one company by another.
Target
Target is a top United States corporation in the field of retailing, and its estimated market value is 45,270 million US dollars.
Firm
1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company.
Take
1) To agree to buy. A dealer or customer who agrees to buy at another dealer's offered price is said to take the offer. 2) Euro bankers speak of taking deposits rather than buying money.
Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.
Bid
1) In securities trading this generally describes the stock exchange quote at which demand exists for a security. 2) In currency trading this refers to the quote at which banks purchase currencies.
SIMILAR TERMS--------------------------------------
PAC bond
Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes.
PAC CENTURY INS
PAC CENTURY INS is a securities company with code 00065 at Hong Kong stock. Board lot: 2,000.
PAC Credit Union
PAC is a credit union with head office in TROY, MI
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.
PREVIOUS AND NEXT TERMS--------------------------------------
P&S
Purchase and sale statement. A statement provided by the broker showing change in the customer's net ledger balance after the offset of any previously established positions.
P-E
Price-earnings ratio
P-E effect
That portfolios with low P-Estocks exhibit higher average risk-adjusted returns than those with high P-E stocks.
P-E ratio
Current stock price divided by trailing annual earnings per sharer expected annual earnings per share.
PAC bond
Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes.
Pac Man
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.
Pacific Stock Exchange
Used for listed equity securities. Regional exchange located in Los Angeles and San Francisco; only U.S. exchange open between 4:00 and 4:30.
Package mortgage
A mortgage on a house and property in the house.
Paid in capital
Capital received from investors in exchange for stock, but not stock from capital generated from earnings or donated.
Paid up
When all payments that are due have been made.
RELATED TERMS--------------------------------------
Takeover
The acquisition of one company by another.
Target
Target is a top United States corporation in the field of retailing, and its estimated market value is 45,270 million US dollars.
Firm
1) Refers to an order to buy or sell that can be executed without confirmation for some fixed period. 2) A synonym for company.
Take
1) To agree to buy. A dealer or customer who agrees to buy at another dealer's offered price is said to take the offer. 2) Euro bankers speak of taking deposits rather than buying money.
Company
A proprietorship, partnership, corporation, or other form of enterprise that engages in business.
Bid
1) In securities trading this generally describes the stock exchange quote at which demand exists for a security. 2) In currency trading this refers to the quote at which banks purchase currencies.
SIMILAR TERMS--------------------------------------
PAC bond
Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes.
PAC CENTURY INS
PAC CENTURY INS is a securities company with code 00065 at Hong Kong stock. Board lot: 2,000.
PAC Credit Union
PAC is a credit union with head office in TROY, MI
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.
PREVIOUS AND NEXT TERMS--------------------------------------
P&S
Purchase and sale statement. A statement provided by the broker showing change in the customer's net ledger balance after the offset of any previously established positions.
P-E
Price-earnings ratio
P-E effect
That portfolios with low P-Estocks exhibit higher average risk-adjusted returns than those with high P-E stocks.
P-E ratio
Current stock price divided by trailing annual earnings per sharer expected annual earnings per share.
PAC bond
Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes.
Pac Man
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.
Pacific Stock Exchange
Used for listed equity securities. Regional exchange located in Los Angeles and San Francisco; only U.S. exchange open between 4:00 and 4:30.
Package mortgage
A mortgage on a house and property in the house.
Paid in capital
Capital received from investors in exchange for stock, but not stock from capital generated from earnings or donated.
Paid up
When all payments that are due have been made.
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This dictionary contains 24549 terms.
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