Whitemail

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Whitemail
Whitemail, coined as an opposite to blackmail, has several meanings explained below.
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This article uses material from Wikipedia® and is licensed under the GNU Free Documentation License

Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Whitemail
A device employed by a company who is the target of a takeover bid whereby the targeted company sells a large amount of stock to a friendly party at below-market prices so that the raider is forced to buy a large amount of highly priced shares to carry out the takeover.

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