Lady Macbeth strategy


Also found in: Financial.
Related to Lady Macbeth strategy: Bankmail, Macaroni Defense

Lady Macbeth strategy

n
(Commerce) informal a strategy in a takeover battle in which a third party makes a bid acceptable to the target company, appearing to act as a white knight but subsequently joining forces with the original (unwelcome) bidder
[C20: after Lady Macbeth in Shakespeare's Macbeth (1605)]