greenmail
/ˈɡriːnmeɪl/ verb [T] STOCK MARKETDefinition
› to buy enough shares in a company to be able to control it, in order to sell them again at a very high price: Did he want to greenmail the company into buying him out at a fat profit? → Compare blackmail verb
(Definition of greenmail verb from the Cambridge Business English Dictionary
© Cambridge University Press)
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