antigreenmail means: The agreement known as greenmail between large shareholders and companies in which the shareholder is willing to sell stock to the company at a premium in return for the promise to not seek control over the company’s affairs for a certain period. These arrangements are prohibited by antigreenmail laws unless all shareholders have received the same offer to repurchase their stock or if they have been approved by shareholders. Some states have antigreenmail legislation. (in Stock Market Dictionary)
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