Greenmail
外汇网2021-06-19 13:36:19
70
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 pmium to pvent a takeover.
It is also known as a "bon voyage bonus" or a "goodbye kiss".
Taobiz explains Greenmail
Not unlike blackmail, this is a dirty tactic, but it's very effective.
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