Daily Almanac for
Dec 2, 2009
Search White Pages
Search: Infoplease Info search tips
Search: Biographies Bio search tips
Encyclopedia

greenmail

greenmail, payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer. In exchange, the potential buyer stops the takeover bid.

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2007, Columbia University Press. All rights reserved.

    • Cite
    • Print
    • Bookmark

More on greenmail from Infoplease:

See more Encyclopedia articles on: Businesses and Occupations