Associations to the word «Greenmail»

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

Words are cheap. The biggest thing you can say is 'elephant'.
Charlie Chaplin