greenmailed
/ˈɡriːnmeɪld/
adjective
- Describing a company or situation that has been targeted by greenmail.
- The greenmailed board faced criticism for giving in to the raider's demands.
- Shareholders were unhappy with the greenmailed firm's financial losses.
- The greenmailed company had to pay a huge premium to avoid the takeover.
verb
- Past tense of greenmail: engaged in the practice of greenmail.
- The investor greenmailed the company and walked away with millions.
- They greenmailed several small firms before regulators stepped in.
- He greenmailed the board into buying back his shares at an inflated price.