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Definition of 'Pyrrhic Victory'
A victory or success that comes at the expense of great losses or costs. In business, examples of such a victory could be succeeding at a hostile takeover bid or winning a lengthy and expensive lawsuit.
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Investopedia explains 'Pyrrhic Victory'
In 2001, Microsoft won a Pyrrhic victory in its antitrust case when the Appeals Court decided the software giant was not to be broken up. However, Microsoft was still branded a monopoly and was subject to other punishment.
The expression alludes to the Greek King Pyrrhus who, after defeating the Romans in battle, stated: "If we win another such battle against the Romans, we will be completely lost."
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Search results for 'Pyrrhic Victory'
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http://stocks.investopedia.com/stock-analysis/2010/Pickens-Bullish-Natural-Gas-Call-Makes-Sense-CHK-DVN-XTO-XOM-BNI-BRK.A0122.aspx
... Production from these sources has been a Pyrrhic victory for major gas players like
Chesapeake Energy (NYSE:CHK), Devon (NYSE:DVN) and XTO (NYSE:XTO) - XTO is ...
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http://www.investopedia.com/ask/answers/09/mahonia-enron-jp-morgan.asp
... JPMorgan won a Pyrrhic victory, getting less than half of the $1.1 billion it sought
and doing considerable damage to its reputation in the process. ...
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http://www.investopedia.com/articles/mortgages-real-estate/11/make-money-in-real-estate.asp
... remained constant. So, inflation alone can cause appreciation in real
estate, but it is a bit of a Pyrrhic victory. Even though ...
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