Greenmail
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Greenmail is a noun meaning The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Meaning
The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
More Meanings
- (transitive) To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Example Sentences
Greenmails typically result in reduced shareholder value.
He's gonna leverage his position, and he's gonna get as much greenmail as he can.
Word Forms
- greenmails
- greenmailing
- greenmailed
Related Words
Related dictionary entries include whitemail, bear hug, flip-in, washing, takeover, scalping.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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