Greenmailers - definition of greenmailers by The Free Dictionary
greenmailer (redirected from greenmailers)
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The practice of selling shares of a company back to existing shareholders at a price substantially higher than that at which they were bought in exchange for discontinuing a hostile takeover.
(Banking & Finance) a person or company who engages in greenmail
References in periodicals archive
However, greenmail was popular precisely because greenmailers
Then Prospero amazed the greenmailers
by demanding that the land be frozen in time, left to its true owners, the fairies.
Smith and his family's control of the company's Class B stock protected them from raiders and greenmailers
eyeing the cash-rich company.