Other Definitions
greenmail (enc)
Greenmail
Noun
1.
greenmail
- (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
porcupine provision
,
shark repellent
- a measure undertaken by a corporation to discourage unwanted takeover attempts
corp
,
corporation
- a business firm whose articles of incorporation have been approved in some state
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