Business, Legal & Accounting Glossary
A situation in which a person or entity buys enough stock in a company to threaten a hostile takeover. The person or entity can greenmail the victim company into buying back its stock at a higher price in order to avoid the takeover.
Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder’s shares at an inflated price.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Greenmail are sourced/syndicated and enhanced from:
This glossary post was last updated: 22nd April, 2020 | 0 Views.