[
US
/ˈɡɹinˌmeɪɫ/
]
NOUN
- (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
How To Use greenmail In A Sentence
- For example, in respect of the allegation of greenmailing made against Yukos by Sixsmith's anonymous "analyst", there is an as-yet unpublished book by another author, OpenDemocracy
- They were given positions of power within the company and provided enough financial support to make warding off the greenmailers possible.
- Undoubtedly, this way of protection is effective until the moment when Your organization suffers from professional corporate greenmailers.
- Ed the Horse rolls over to have tummy tickled by greenmailing third world An Englishman's Castle: January 30, 2010 An Englishman's Castle
- One of the sources likened it to "greenmail," the Wall Street term that refers to payments made to hostile investors to go away. Boston Business News - Local Boston News | Boston Business Journal
- That would eliminate any incentive for greenmailers to acquire stock unless they intended to make a formal takeover bid.
- Some analysts have even claimed the group of North American fund managers seeking change are ‘greenmailers with halos round their heads’.
- I was acquiring businesses through leveraged buyouts and greenmail which with more forethought I would have left well alone.
- In case you want to know why tickets and food are so expensive in the Disney Parks, you can thank these ambulance chasing lawyers whose only goal in life is to run 'greenmail' lawsuits hoping Disney will conclude that it is cheaper to write a check instead of fighting for what is right. SplicedFeed
- Family control would prevent any hostile takeover or greenmail attempt.