Greenmail Definition
grēnmāl
noun
The buying of a large amount of a company's stock in anticipation that the management, fearing that the buyer will gain control, will buy it back at a premium over the market price.
Webster's New World
The act of purchasing shares in a publicly traded company that could be used to support a hostile takeover, and then selling them back to the company at a profit.
Webster's New World Law
Other Word Forms of Greenmail
Noun
Singular:
greenmail
Plural:
greenmailsFind Similar Words
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