Going ‘Greenmail’ to Get Rid of Activist Investors
More companies are resorting to an old tactic to get rid of activist investors: Pay them to go away. The practice has raised concerns because it bears similarities to “greenmail,” a controversial strategy popular in the 1980s. David Benoit joins MoneyBeat. Photo: Getty Images.
“Going ‘Greenmail’ to Get Rid of Activist Investors” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.