Green mail - Hutchinson encyclopedia article about Green mail Printer Friendly
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greenmail
(redirected from Green mail)

    Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.15 sec.

greenmail

Payment made by a target company to avoid a takeover; for example, buying back a portion of its own shares from a potential predator (either a person or a company) at an inflated price.



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I believe their attempt to impede the merger is a continuation of their effort to obtain green mail.
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