greenmailer
/ˈɡriːnmeɪlər/
noun
- A person or group that engages in greenmail by buying shares to threaten a takeover and force the company to buy them back at a higher price.
- The greenmailer made a fortune by pressuring the company into a buyback.
- The board refused to negotiate with the greenmailer and instead sought legal protection.
- Regulators are investigating the greenmailer's activities for possible fraud.
Synonyms