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greenmail |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.04 sec. |
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greenmail, payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the potential buyer stops the takeover bid. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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From the centre's Buy Green mail order catalogue you can order an amazing variety of items, including a solar fan cap, rustic pencils and a solar cook book. The Company would not entertain such a proposal which amounted only to green mail and brought no value to shareholders. I believe their attempt to impede the merger is a continuation of their effort to obtain green mail. |
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