Meaning of whitemail | Babel Free

Definitions

1. A tactic to resist hostile takeover, in which the target company sells discounted stock to a friendly third party.
   uncountable
2. Persuasion based on positive rather than negative effects.
   uncountable

Examples

“Whitemail, which also appears unfair to some, may enhance shareholder value if the outside investor is able to influence management in a more positive way than other shareholders could.”

“Certainly FDR was a master of his own kind of whitemail and practiced it on the likes of Harry Hopkins.”

CEFR level