English Dictionary

Definition of “Lady Macbeth strategy”

Lady Macbeth strategy

Definitions

noun

  1. (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

Word Origin

C20: after Lady Macbeth in Shakespeare's Macbeth (1605)

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