greenmail

Noun
  1. (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 (synset 100176901)
    referred to in: corp, corporation - a business firm whose articles of incorporation have been approved in some state
    is a type of: porcupine provision, shark repellent - a measure undertaken by a corporation to discourage unwanted takeover attempts

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