The repurchase at a premium of the target firm's shares that were acquired by the aggressor firm in a hostile takeover in exchange for an agreement that the aggressor will no longer target the company for takeover is called:

Question

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Greenmail is the practice where a target company repurchases its own shares from a hostile bidder at a premium, with the agreement that the bidder will cease its takeover attempt.

The Repurchase at a Premium of the Target Firm's Shares