attention all holders.....rocky times ahead??, page-23

re: greenmail Hey Smuggler - now that is a big big call !!

GREENMAIL or greenmailing is a corporate acquisition strategy for generating large amounts of money from the attempted hostile takeover of large, often undervalued or inefficient companies.

Greenmailing is a variant of the corporate raid strategy of taking over an undervalued company, dismembering it, and selling off its valuable pieces for a profit. Once having secured a large share of a target company, instead of completing the hostile takeover the greenmailer offers instead to end the threat to the victim company by selling his share back to it—at a vastly inflated price. However, to preserve its own existence, the victim will often pay the exorbitant premium demanded.