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Definition of Greenmail
1. 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.
Definition of Greenmail
1. Noun. Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price. ¹
¹ Source: wiktionary.com
Definition of Greenmail
1. [v -ED, -ING, -S]
Lexicographical Neighbors of Greenmail
Literary usage of Greenmail
Below you will find example usage of this term as found in modern and/or classical literature:
1. Competitiveness Issues: The Business Environment in the U.S., Japan and Germany (1993)
"'Poison pills are issues of stock by a target corporation to prevent a hostile
takeover attempt 'greenmail payments occur when a company buys off a ..."
2. Oecd Economic Surveys: Russian Federation by Oecd (2006)
"... including: better legal regulation of intra-corporate conflicts (in particular,
to reduce the scope for greenmail), tougher liability for managers and ..."
3. Making Things Better: Competing in Manufacturing (1993)
"They include extending the minimum duration of tender offers, outlawing greenmail
and golden parachutes, shortening disclosure time when an investor has ..."
4. The Expanding Role of State and Local Governments in U.S. Foreign Affairs by Earl H. Fry (1998)
"... These types of incentives are forms of corporate "greenmail," place competing
businesses at a disadvantage, deprive residents of future public services, ..."
5. The Great Limbaugh Con: And Other Right-Wing Assaults on Common Sense by Charles M. Kelly (1994)
"Some of the more popular techniques are known as greenmail, the hostile takeover,
and the leveraged buy-out (or LBO for short). When it comes to destroying ..."
6. The New York City Police Department's "Stop and Frisk" Practices: A Report ...by Eliot Spitzer by Eliot Spitzer (2000)
"A13. Foreword to Stephen Sugarman and Herma Hill Kay, eds., Divorce Reform atthe
Crossroads, Yale University Press (1990). greenmail Goes Transnational ..."
7. Financial Audit: Examination of IRS Fiscal Year 1994 Financial Statements by DIANE Publishing Company (1996)
"Black Lung benefit trusts, regulated investment companies, windfall profits taxes,
foreign transfers of property and greenmail. ..."
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