Greenmail (noun) Definition, Meaning & Examples

noun Stock Exchange.
  1. the practice of buying a large block of a company's stock in order to force a rise in stock prices or an offer by the company to repurchase that block of stock at an inflated price to thwart a possible takeover bid.
noun
  1. (esp in the US) the practice of a company buying sufficient shares in another company to threaten takeover and making a quick profit as a result of the threatened company buying back its shares at a higher price
Greenmail (noun) Definition, Meaning & Examples

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