________ refers to the purchase by a target corporation of its stock from an actual or perceived tender offeror at a premium.

Question

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Greenmail refers to the act of a target corporation buying back its own stock at a premium price to prevent a hostile takeover by an actual or perceived tender offeror. The idea is to discourage the tender offeror from pursuing the takeover bid by making it less profitable.

________ Refers to the Purchase by a Target Corporation of Its