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)]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014