no-shop period
n.— «Avaya has agreed to be bought out by Silver Lake and TPG Capital, two private equity firms with significant technology holdings, but analysts have said Avaya likely will be saddled with more debt by the deal. “We’re now in what’s called the no-shop period,” Avaya spokeswoman Lynn Newman said Wednesday. During that time, the federal Securities and Exchange Commission will review the preliminary proxy statement Avaya filed last week, spelling out financial details of the transaction.» —“Avaya: No further buyers step up, $8.2 billion deal on track” by Linda A. Johnson Newsday (Long Island, New York) July 25, 2007. (source: Double-Tongued Dictionary)
Further reading
If you speak a second or third language, you may remember the first time you dreamed in that new tongue. But does this milestone mean you’re actually fluent? And a couple’s dispute over the word regret: Say you wish you’d been able...
Cat hair may be something you brush off, but cat hair is also a slang term that means “money.” In the same way, cat beer isn’t alcoholic — some people use cat beer as a joking term for “milk.” And imagine walking on a...