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greenmail

n.
1.(corporation) the practice of purchasing enough shares in a firm to threaten a takeover and thereby forcing the owners to buy those shares back at a premium in order to stay in business

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  • Idiom of the Day

    man-about-town
    a fashionable man who leads a sophisticated life
    My friend is a man-about-town and goes out almost every evening.



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    One of the steepest main streets in Canada is located in Saint John, New Brunswick. Over a distance of two blocks the street rises about 80 feet      .. More >>
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