Associations to the word «Greenmail»
Verb
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Wiktionary
GREENMAIL, noun. Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Dictionary definition
GREENMAIL, noun. (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.
Wise words
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