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    • Conditional Order
      An order which is conditional on an a particular event happening, such as a stock price reaching a certain level.

The Finance Section Glossary

Currently viewing the definition of: Sandbag
 
 
 A stalling tactic used by a company that is a takeover target. The management will look to drag out talks for as long as possible in the hope that a 'white knight' will enter the arena. 
 

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