After the tariffs took effect, the company upped its prices $0.80 to $1.00 higher-per-pound then the price of magnesium alloy in any other country.â (U.S. Magnesium did not reply to Machine Design's offer to provide its side of the story.)
AAA |. The acquisition of one company (called the target company) by another (called the acquirer) that is accomplished not by coming to an agreement with the target company's management, but by going directly to the company's shareholders or fighting to replace management in order to get the acquisition approved.
Top definition greenmail unknown (FINANCE) when a corporate raider initiates a hostile takeover of an undervalued corporation with the intent of forcing the management to buy him off. HOW IT WORKS A corporate raider engaged in greenmail requires a takeover vehicle to launch a hostile takeover. The takeover vehicle is usually another corporation controlled by the raider, although in recent years ESOPs have been used (e.g., Tribune Corp., 2007).