greenmail

[green-meyl]
noun Stock Exchange.
the practice of buying a large block of a company's stock in order to force a rise in stock prices or an offer by the company to repurchase that block of stock at an inflated price to thwart a possible takeover bid.

Origin:
green (in sense “money”) + (black)mail

greenmailer, noun
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World English Dictionary
greenmail (ˈɡriːnˌmeɪl)
 
n
(esp in the US) the practice of a company buying sufficient shares in another company to threaten takeover and making a quick profit as a result of the threatened company buying back its shares at a higher price
 
[C20: a blend of green (sense 8) orgreenback (sense 2) + blackmail]

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Example sentences
Greenmail is when a target repurchases shares from a real or potential hostile bidder at a premium price.
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