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FINDLAW LEGAL DICTIONARY

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Greenmail

greenmail n

[green (money) + -mail (as in blackmail )]
: the practice of buying enough of a company's stock to threaten a hostile takeover and reselling it to the company at a price above market value
;also
: the money paid for such stock
greenmail vt

green·mail·er n



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.