greenmail

greenmail.

1. The act or practice of buying enough stock in a company to threaten a hostile takeover and then selling the stock back to the corporation at an inflated price.

2. The money paid for stock in the corporation’s buyback. Cf. BLACKMAIL(1); FEEMAIL; GRAYMAIL.

3. A shareholder’s act of filing or threatening to file a derivative action and then seeking a disproportionate settlement.

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词条贡献者

译员张宏，知名法学院法律翻译专业，专注翻译各种与调查与白领犯罪辩护有关的法律文件。