greenmail [noun]

Definition of greenmail:

(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

Synonyms of greenmail:


Opposite/Antonyms of greenmail:

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Sentence/Example of greenmail:

This article develops a model in which greenmail and other forms of management resistance to takeovers can benefit shareholders.