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Glossary > G > "Greenmail - Green Mail" Definition

Greenmail - Green Mail

A situation in which a large block of stock is held by an unfriendly company. This forces the target company to repurchase the stock at a substantial premium to prevent a takeover.

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Greenmail - Green Mail - A situation in which a large block of stock is held by an unfriendly company. This forces the target company to repurchase the stock at a substantial premium to prevent a takeover.

Greenmail - Green Mail : a situation in which a large block of stock is held by an unfriendly company. this forces the target company to repurchase the stock at a substantial premium to prevent a takeover.