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Noun
greenmail
Definition: (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
Definition: Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Verb
Definition: To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.