Question

The payments made by a firm to repurchase shares of its outstanding stock from an individual investor in an attempt to eliminate a potential unfriendly takeover attempt are referred to as:

Answer 1

Greenmail

Step-by-step explanation:

Greenmail is when a firm that is under the threat of a potential hostile takeover attempt buys the outstanding shares of the individual that is posing the hostile takeover threat. this purchase is usually at a premium to market price.