Which of the following is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back?

Question

Quizplus · Accepted Answer

Greenmail is a tactic used by corporate raiders where they purchase a significant amount of a company's stock in order to threaten a takeover. The raider then offers to sell the stock back to the company at a premium price, often forcing the company to change its corporate strategy to benefit stockholders or avoid the costly buyback.

Which of the Following Is a Source of Gaining Wealth