Definition - What does Post-Offer Defense mean?
A post-offer defense occurs when a target company receives a hostile takeover threat, and it involves taking the necessary steps to stave off such a takeover.
Divestopedia explains Post-Offer Defense
Post-offer defense is an overarching strategy, used by a target company to prevent a hostile takeover. There are a number of methods of post-offer defense:
- White Knight Defense
- Pac-Man Defense