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term:
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.