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Paying the raider to give up a takeover attempt (as by an extravagant buyback of the stock they hold in your corporation)
Answer for the clue "Paying the raider to give up a takeover attempt (as by an extravagant buyback of the stock they hold in your corporation) ", 9 letters:
greenmail
Alternative clues for the word greenmail
Word definitions for greenmail in dictionaries
Wikipedia
Word definitions in Wikipedia
Greenmail or greenmailing is the practice of purchasing enough shares in a firm to challenge a firm's management or leadership and even threaten a corporate takeover , thereby forcing the target firm to buy those shares back at a premium in order to suspend ...
The Collaborative International Dictionary
Word definitions in The Collaborative International Dictionary
greenmail \green"mail\ n. (Finance) 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 ...
WordNet
Word definitions in WordNet
n. (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
Wiktionary
Word definitions in Wiktionary
n. Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
Usage examples of greenmail.
It's cheaper to settle, and just add the cost of his greenmail to the price of our aircraft.
Was it simply a bid to drive up the share price and exact greenmail from Kaiser?
No greenmail, no big fuss, but he’s pushin’ his brokers to buy at any price.
He's heard the stories from the claim jumpers and boardroom bandits, from the greenmail experts with their roots in the earthbound jurisdictions that have made such a hash of arbitration here.
He's heard the stories from the claim-jumpers and boardroom bandits, from the greenmail experts with their roots in the earthbound jurisdictions that have made such a hash of arbitration here: how she can experience a year in a minute, rip your memories out through your cortical implants and make you relive your worst mistakes in her nightmarishly powerful simulation system.
No greenmail, no big fuss, but he's pushin' his brokers to buy at any price.