greenmail
Noun

greenmail

  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

greenmail (greenmails, present participle greenmailing; past and past participle greenmailed)

  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.
Related terms


This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003
Offline English dictionary