BEAR HUGbear hug. Slang. A (usu. hostile) takeover strategy in which the acquiring entity offers the target firm a price per share that is significantly higher than market value, intending to squeeze the target into accepting.
reverse bear hug. A maneuver by which a takeover target responds to a bidder’s offer by showing a willingness to negotiate but demanding a much higher price than that offered. ? This is usu. an antitakeover tactic.