Like blackmail, greenmail is money that is paid to head off a behavior that is potentially harmful but here is the difference.

Definition of greenmail

An antitakeover measure that arises when a large block of stock is held by an unfriendly company that is threatening a hostile takeover. Greenmail is a term that applies to mergers and acquisitions, and refers to the money that is paid by the target company to another company, known as a corporate raider, that has purchased a majority of the target company’s stock. The greenmail payment is made in an attempt to stop the takeover bid. The target company is forced to repurchase the stock at a substantial premium (the payment) to prevent the takeover. This is also known as a “bon voyage bonus” or a “goodbye kiss.” (via Investopedia)

Greenmail is the new blackmail.  #color.

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Greenmail is, quite logically, blackmail of a different color.

David Wild

About David Wild

David Wild (born December 16, 1961) is an American writer and critic in the music and television industries, and a contributing editor at Rolling Stone magazine. His published books include Friends: The Official Companion (1995), Seinfeld: The Totally Unauthorized Tribute (1998), Friends ’til the end (2004), and others. (via Wikipedia)

Feature Image Credit: Photo by Daria Nepriakhina on Unsplash

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Kate Smith
Kate Smith is an optimistic, expressive, artist, designer, writer and color fanatic. With her warm and witty style, Kate teaches you to clearly see, understand and be inspired by color. Then she guides you step-by-step to develop your own unique color sense-ability and achieve results you never dreamed possible.
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