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SourceLaw Dictionary Browse Letter G

Greenmail

Legal definition for Indian law research

Definition

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

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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