greenmail
English
Etymology
Blend of greenback + blackmail
Noun
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.
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Verb
greenmail (third-person singular simple present greenmails, present participle greenmailing, simple past and past participle greenmailed)
- To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Derived terms
Related terms
- see blackmail