0 the action of putting your arms around someone very tightly and quite roughly
1 the action of putting your arms around someone and holding that person against you tightly
2 an extremely high offer to buy a company, which shareholders will want management to accept:
He clapped his arms around me at once and gave me a bear hug.
He put his long arms around her waist and gave her a good bear hug.
You know we care to go, laughed Mary Jane and she jumped up and gave him a big bear hug.
Graham avoided a diving headbutt, and applied the bear hug.
Horton had a reputation for enveloping players fighting him, in a crushing bear hug.
They would have to hold onto their partner in a bear hug and keep them in the air.