ANTIGREENMAIL - Greenmail refers to the agreement between a large shareholder and a company in which th...
ANTIMERGER CLAUSE - A clause in a mortgage or deed of trust specifying that the senior lienholder will ...
Greenmail
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.
Gross ...
Greenmail
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.
Greenmail
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.
Pickup ...
Greenmail In a typical greenmail, the acquiring firm has already purchased a number of shares of the target firm's stock. Management of the target company offers to buy back the stock, at a price higher than the market.
Greenmail - A payoff given to a potential acquirer by a company targeted for a takeover. In most cases, the targeted company buys back its shares at a significantly higher price.
greenmail (in finance, business)
Related answers:
What is target costing and how it is used to price products? Read answer...
Greenmail
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.
Greenshoe option ...
Greenmail refers to the agreement between a large shareholder and a company in which the shareholder agrees to sell his stock back to the company, usually at a premium, ...
Bon voyage bonus (Greenmail)
The price paid for a large block of the stock of a target company held by an unfriendly company that acquired the stock with the object of forcing the target company to repurchase the stock at a substantial premium to ...
Raider Individual or corporate investor who intends to take control of a company (often ostensibly for greenmail) by buying a controlling interest in its stock and installing new management.
Related: Greenmail. Targeted Amortization Class (TAC) bonds Bonds offered as a tranche class of some CMOs, according to a sinking fund schedule.
Greenmail
A US term which describes the situation in which a takeover target buys back its own shares from a predator at a premium price, in return fo...(Read more)
Grey Knight ...
Accepted Auditing Standards (GAAS) Gift Going Concern Going Public Goodwill Governing Documents Government Accountability Office (GAO) Governmental Accounting Standards Board (GASB) Grantee Grantor Greenmail ...
Similar financial terms
Greenmail
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.
This also explains why greenmail has been a successful tactic, except when restrained by regulation.
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Capital markets ...
Greenmailers and takeover artists-including T. Boone Pickens, Saul Steinberg, Carl Icahn, and Ronald Perelman-flocked to his Beverly Hills offices.
Bon Voyagebonus definition :
See: Greenmail.
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FTSE, DAX, EUR-USD 1pt and WALL St, GBP-USD, 2pts ...
Macey, Jonathan R., and Fred S. McChesney. 'A Theoretical Analysis of Corporate Greenmail.' Yale Law Journal 95 (1985): 113.
Manne, Henry G. 'Mergers and the Market for Corporate Control.' Journal of Political Economy 73 (1965): 110.
Golden parachute
Goodwill (accounting)
Greenmail
H
Hart-Scott-Rodino Antitrust Improvements Act ...
Bon voyage bonus
See: Greenmail.
Boning
Charging a lot more for an asset than its worth.
The firm buys back its own stock from a potential acquirer, usually at a substantial premium, to forestall a takeover attempt. Related: Greenmail
Target firm
A firm that is the object of a takeover by another firm.
Targeted repurchase
Buying back of a firm's stock from a potential acquirer, usually at a substantial premium, to forestall a takeover attempt. Related: Greenmail.
eliminated the deductibility of greenmail payments by companies warding off hostile takeover attempts.
restricted completed contract method accounting for tax purposes.
greenmail A premium paid to a raider to get him/her to terminate a takeover attempt. Grenada Dollar The currency of Grenada.
 See also: Banks, Expense, Target company, Saving, Risk arbitrage
  
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