Greenmail
Word | GREENMAIL |
Character | 9 |
Hyphenation | green mail |
Pronunciations | N/A |
Definitions and meanings of "Greenmail"
What do we mean by greenmail?
The practice of selling shares of a company back to existing shareholders at a price substantially higher than that at which they were bought in exchange for discontinuing a hostile takeover. noun
The act, performed by a publicly traded corporation, of paying a corporate raider to give up a takeover attempt, by buying the shares of stock he owns; also, the threat posed by corporate raiders to take over a company unless their stocks are purchased by the company at a price giving them a large profit. noun
Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price. 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 noun
Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Synonyms and Antonyms for Greenmail
- Synonyms for greenmail
- Greenmailing Synonyms
- Antonyms for greenmail
- Greenmail antonyms not found!
The word "greenmail" in example sentences
Cross Reference for Greenmail
- Greenmail cross reference not found!
What does greenmail mean?
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