HomeDefinitionsCompareDebt GreenmailThe financial definition for 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. Similar MatchesAntigreenmailAntigreenmailGreenmail 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, in exchange for the promise not to seek control of the company for a specified period of time. Antigreenmail provisions prevent such arrangements unless the same repurchase offer is made to all shareholders or approved a shareholder vote. There are some states that have antigreenmail laws. Click to compare definitions of Greenmail Click to view definitions beginning gr |