greenmail
Definition from Wiktionary, the free dictionary
Contents |
English [edit]
Etymology [edit]
Blend of greenback and blackmail
Noun [edit]
Wikipedia greenmail (plural greenmails)
- Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
- 2007, S.R. Vishwanath, Corporate Finance[1], ISBN 0761934979, page 681:
- Greenmails typically result in reduced shareholder value.
- 2007, S.R. Vishwanath, Corporate Finance[1], ISBN 0761934979, page 681: