Meaning of greenmail | Babel Free
Definitions
The profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Examples
“Greenmails typically result⟳ in reduced shareholder value.”
“He's gonna leverage his position, and he's gonna get⟳ as much greenmail as he can.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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