greenmail
greenmail green"mail n. (Finance) The act, performed by a publicly traded corporation, of paying a corporate raider to give up a takeover attempt, by buying the shares of stock he owns; also, the threat posed by corporate raiders to take over a company unless their stocks are purchased by the company at a price giving them a large profit. [Informal] [WordNet 1.5]

The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • Greenmail — or greenmailing refers to a legal business practice in a public stock market where one firm takes advantage of another firm by means of a falsely construed takeover.OriginThe term is a neologism combining the terms greenback and blackmail,… …   Wikipedia

  • greenmail — green·mail / grēn ˌmāl/ n [green (money) + mail (as in blackmail )]: the practice of buying enough of a company s stock to threaten a hostile takeover and reselling it to the company at a price above market value; also: the money paid for such… …   Law dictionary

  • greenmail — [grēn′māl΄] n. Informal the buying of a large amount of a company s stock in anticipation that the management, fearing that the buyer will gain control, will buy it back at a premium over the market price greenmailer n …   English World dictionary

  • Greenmail — Situation in which a large block of stock is held by an unfriendly company, forcing the target company to repurchase the stock at a substantial premium to prevent a takeover. The New York Times Financial Glossary * * * greenmail green‧mail… …   Financial and business terms

  • greenmail — The holding of a large block of stock of a target company by an unfriendly company, with the object of forcing the target company to repurchase the stock at a substantial premium to prevent a takeover. Bloomberg Financial Dictionary The situation …   Financial and business terms

  • greenmail — [[t]gri͟ːnmeɪl[/t]] N UNCOUNT Greenmail is when a company buys enough shares in another company to threaten a takeover and makes a profit if the other company buys back its shares at a higher price. [mainly AM, BUSINESS] Family control would… …   English dictionary

  • greenmail — n. a money making scheme wherein a very wealthy person buys a large number of shares of a company, threatens to take control of the company, and then offers to sell the stock to the company at an exorbitant price in lieu of a takeover.… …   Dictionary of American slang and colloquial expressions

  • greenmail — noun Date: 1983 the practice of buying enough of a company s stock to threaten a hostile takeover and reselling it to the company at a price above market value; also the money paid for such stock • greenmail transitive verb • greenmailer noun …   New Collegiate Dictionary

  • greenmail — The purchase of a large block of shares in a company, which are then sold back to the company at a premium over the market price in return for a promise not to launch a bid for the company. This practice is not uncommon in the USA, where… …   Accounting dictionary

  • greenmail — greymail The purchase of a large block of shares in a company, which are then sold back to the company at a premium over the market price in return for a promise not to launch a bid for the company. This practice is not uncommon in the USA, where …   Big dictionary of business and management

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