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词汇 greenmail
释义

Definition of greenmail in English:

greenmail

noun ˈɡriːnmeɪlˈɡrinmeɪl
mass nounStock Market
  • The practice of buying enough shares in a company to threaten a takeover, forcing the owners to buy them back at a higher price in order to retain control.

    〔股票〕绿票讹诈(指买进某企业大量股份,以兼并相威胁,迫使该企业以高价购回其股份)

    Example sentencesExamples
    • This article develops a model in which greenmail and other forms of management resistance to takeovers can benefit shareholders.
    • Within this safe harbor, greenmail, in effect, is legalized.
    • They bought off would-be raiders with greenmail.
    • By the mid-1990s, state legislatures had taken the lead in opposing greenmail through legislation.
    • I was acquiring businesses through leveraged buyouts and greenmail which with more forethought I would have left well alone.

Derivatives

  • greenmailer

  • noun
    Stock Market
    • That would eliminate any incentive for greenmailers to acquire stock unless they intended to make a formal takeover bid.
      Example sentencesExamples
      • Undoubtedly, this way of protection is effective until the moment when Your organization suffers from professional corporate greenmailers.
      • They were given positions of power within the company and provided enough financial support to make warding off the greenmailers possible.
      • Conversely, there's the remote chance of a higher bid if greenmailers try to frustrate the 90 per cent acceptance condition.
      • As the largest US carrier, AA is a smart ‘buy’ right now, for opportunistic greenmailers.

Origin

1980s: blend of green and blackmail.

Definition of greenmail in US English:

greenmail

nounˈɡrēnmālˈɡrinmeɪl
Stock Market
  • The practice of buying enough shares in a company to threaten a takeover, forcing the owners to buy them back at a higher price in order to retain control.

    〔股票〕绿票讹诈(指买进某企业大量股份,以兼并相威胁,迫使该企业以高价购回其股份)

    Example sentencesExamples
    • I was acquiring businesses through leveraged buyouts and greenmail which with more forethought I would have left well alone.
    • Within this safe harbor, greenmail, in effect, is legalized.
    • They bought off would-be raiders with greenmail.
    • This article develops a model in which greenmail and other forms of management resistance to takeovers can benefit shareholders.
    • By the mid-1990s, state legislatures had taken the lead in opposing greenmail through legislation.

Origin

1980s: blend of green and blackmail.

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