The act, performed by a publicly traded corporation, of paying a corporate raider to give up a takeover attempt, by buying the shares of stock he owns; also, the threat posed by corporate raiders to take over a company unless their stocks are purchased by the company at a price giving them a large profit.
Payment of a premium to a raider trying to take over a company through a proxy contest or other means. In exchange of the premium, the raider accepts not to buy any more shares or to pursue any further the takeover for a specified number of years.
A situation in which a person or entity owns enough stock in a company to threaten a hostile takeover and is therefore albe to demand a price higher than the market value from the company to repurchase the stock and avoid the takeover
In corporate takeovers, the term refers to payment by a TARGET COMPANY to buy back shares owned by the potential acquirer at a premium over market. The acquirer in the exchange agrees not to pursue its hostile TAKEOVER BID. A special tax is imposed on greenmail payments.
Almost blackmail, in that the exercise involves buying enough shares in a company to threaten a takeover bid and all the expenses that exercise involves, but then selling the shares back to the company at a higher price than was made.
Acquiring a large block of a public company's secu... Add a comment
premium paid to a raider to get him/her to terminate takeover attempt.
blackmail by way of dollars ( "greenbacks"); buying a stake in a company, threatening to take it over, and then offering to sell the shares back at a profit.
When companies threaten to close or relocate (often to another country) if they are forced to comply with environmental laws.
A term that describes when a hostile bidder threatens a company with takeover by purchasing a large number of its shares, forcing the management of the company to repurchase the shares at an above market price.
Payment of a premium to a raider trying to takeover a company in an attempt to eliminate the threat of being taken over. This strategy is also known as a good-bye kiss. A raider accepting the payment [also known as a Bon-Voyage Bonus] agrees not to buy any more shares or pursue the takeover any further for a specified number of years.
In the U.S., payment by a takeover target to a potential bidder, usually to buy back acquired shares at a premium - in return for the predator not pursuing the bid.
(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
Buying shares on the open market in the hope that the target's business partners will buy back the shares at inflated prices.
The holding of a large block of stock of a target company by an unfriendly company, with the object of forcing the target company to repurchase the stock at a substantial premium to prevent a takeover.
To buy enough stock in a company to threaten a hostile takeover.
An act of buying a corporation's stock, threatening to take control, and then demanding that those shares be purchased back by the corporation--usually at a price higher than can be obtained on the open market. In exchange, the acquirer agrees not to proceed with the takeover bid. See: Takeover
Tender offer at well above market price in order to force a company's controlling shareholders to buy, from the bidders, the shares that they have gradually built up on the market at much lower prices.
Situation in which a large block of stock is held by an unfriendly company, forcing the target company to repurchase the stock at a substantial premium to prevent a takeover.
In the US, payment by a takeover target to a potentialbidder, usually to buy back acquired shares at a premium in return forthe predator not pursuing the bid.
an acquiring company purchases a large block of shares in a particular company and threatens to make an offer for all shares of the company, unless management repurchases the acquired stock at a premium price. Page 78
Any amount a corporation pays to a shareholder to directly or indirectly buy back its stock.
Greenmail is the payment of a premium to a corporate raider who is trying to take over a company by acquiring a controlling block of the company's shares. In exchange for accepting the payment, the raider sells his shares back to the target company and agrees not to proceed with the takeover.
A situation in which a person or entity buys enough stock in a company to threaten a hostile takeover. The person or entity can greenmail the victim company into buying back its stock at a higher price in order to avoid the takeover.
The process by which an arbitrager buys large blocks of a company's stock and threatens to take over the company and replace the management. To ward off the threat to their positions, members of management use company funds to repurchase the shares at a much higher price, creating huge profits of r the corporate raiders.
Greenmail or greenmailing is a corporate acquisition strategy for generating large amounts of money from the attempted hostile takeovers of large, often undervalued or inefficient companies.