greenmail
From WikiWord, the free dictionary
English
Definitions
noun
- Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
verb
- To profit from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Related words
Synonyms
whitemailbear hugflip-intakeover bidshareholder rights planwashingtakeoverscalpingprofitmongeringgrey marketmegabidrepackagingcorporate raidcounterexploitationleveraged buyoutbear raid