greenmail
9 letters · noun · scores 2,600 in SpellHuntr
noun
(corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business
Greenmail in a sentence
Greenmails typically result in reduced shareholder value.
He's gonna leverage his position, and he's gonna get as much greenmail as he can.
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