Document Type

Article

Comments

Crisis and Proposed Solution: Half a Century of Corporate Law. 59 Connecticut Bar Journal 283 (1985)

Abstract

"Greenmail" refers to purchases, at a premium over the market price, of shares of a corporation's stock from persons making a takeover bid. Greenmail can be seen as an aspect of the self- regulatory process, the combination of business practices and legal formalities, which defines United States capitalism. The reality of the system characterized by greenmail, however, involves a good deal more than self-regulation.

Date of Authorship for this Version

1985

Keywords

Greenmail, stock, capitalism, corporate stock

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