greenmail

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Related to Green mail: poison pill, insider trading
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Words related to 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

References in periodicals archive ?
A S Henbury, Marston Green Mail, September 10, 1956
Janet M Hickinbotham, Hall Green Mail, November 11, 1970
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.