Commodities Stock Glossary Whitemail sale company takeover

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Commodities & Stock Glossary: Whitemail

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Term:

Whitemail

Definition:

Sale of a large amount of Stock by a Company that is the target of a Takeover Bid to a friendly party at below-market prices, so that the Raider is forced to Buy more of highly priced Shares to accomplish the takeover.

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02/08/2012 - SV1n