greenmail - Word of the Day - Fri Dec 3, 2021
Entry posted by Myr in Word of the Day
326 views
Quotegreenmail - (noun) - the practice of buying enough of a company's stock to threaten a hostile takeover and then reselling it to the company at an above-market price.
QuoteGreedy scumbags participate in greenmail against companies with little concern for the ordinary people working at that companies that they harm.
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