from The American Heritage® Dictionary of the English Language, 4th Edition
- n. An antitakeover maneuver in which the target firm purchases the raider's stock at a price above that available to other stockholders.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. Profiting from an attempted hostile takeover by forcing the target company to buy back the hostile bidder's shares at an inflated price.
from the GNU version of the Collaborative International Dictionary of English
- n. The act, performed by a publicly traded corporation, of paying a corporate raider to give up a takeover attempt, by buying the shares of stock he owns; also, the threat posed by corporate raiders to take over a company unless their stocks are purchased by the company at a price giving them a large profit.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. (corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business
green, money + (black)mail.(American Heritage® Dictionary of the English Language, Fourth Edition)
Blend of greenback and blackmail (Wiktionary)