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Noun: greenmail  'green,meyl
  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
    "The investor's attempt at greenmail was thwarted by the company's strong financial position"

Derived forms: greenmails

Type of: porcupine provision, shark repellent

Encyclopedia: Greenmail