| 释义 |
greenmailer
green·mail G0259600 (grēn′māl′)n. 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.
[green, money + (black)mail.]
green′mail′ v.green′mail′er n.greenmailer (ˈɡriːnˌmeɪlə) n (Banking & Finance) a person or company who engages in greenmailEncyclopediaSeegreenmailLegalSeeGreenmailGreenmailer
GreenmailerA corporate raider who buys a large amount of stock from a publicly-traded company and forces it to buy back the stock at a substantial premium in order to avoid a takeover. The corporate raider has no intention of actually buying the target company; it merely seeks to profit from the buyback. One refers to this buyback as a bon voyage bonus, as this enables the company to be left alone by the greenmailer. T. Boone Pickens was a prominent greenmailer in the 1980s. |