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Meaning of greenmail

Source language: EnglishDictionary language: English

greenmail

noun

Definitions

  1. Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.

verb

Definitions

  1. To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.

Sources:https://en.wiktionary.org/wiki/greenmail

Related words

whitemailbear hugflip-intakeover bidshareholder rights planwashingtakeoverscalping