Defenition of the word greenmail

• Defenition of the word greenmail

  • paying the raider to give up a takeover attempt (as by an extravagant buyback of the stock they hold in your corporation)
  • (corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business

Hypernyms for the word greenmail

• • porcupine provision
  • shark repellent

See other words

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