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Investopedia / Eliana Rodgers An anti-greenmail provision is a clause in a corporate charter that prevents a board of directors from paying a premium to buy back the shares of a corporate raider.
The practice has raised concerns because it bears similarities to “greenmail,” a controversial strategy popular in the 1980s. David Benoit joins MoneyBeat. Photo: Getty Images.
In the fight for Time Warner, Carl Icahn Carl Icahn pulled out all the tricks in the corporate raider handbook: name calling, board beating, spotlight grabbing and, of course, share buying to try ...
Billionaire William Koch says Crestview Partners LP engaged in “greenmail’’ as part of an unsuccessful bid to force the quick sale of Koch’s Oxbow Carbon energy company. Crestview ...
The documents reveal a practice sometimes called "greenmail," in which businesses and homeowners groups use the threat of CEQA-based lawsuits to generate cash from developers for things that have ...
Fifth Street Finance, the business development company (BDC) created by near-billionaire Leonard Tannenbaum, has one less fight on its hands. RiverNorth Capital Management, once Fifth Street's ...
In a Manhattan courtroom Tuesday, one of the highest-profile environmental campaigns of recent decades is about to be exposed as nothing more than a fraud and extortion racket — “greenmail.” ...
Suddenly the air is thick with talk of `greenmail', `white knights', `poison pills' and `leveraged buyouts' - jargon originally associated with the corporate battlefields of late-eighties America ...
The First Amendment Right to 'Greenmail' Developers California's Environmental Quality Act (CEQA) requires that government agencies study the environmental impacts of "projects" they undertake ...
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