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Home > QFINANCE Dictionary > Definition of whitemail

Definition of

whitemail

Mergers & Acquisitions

issue of cheap shares of stock to prevent takeover a method used by a company that is the target of a takeover bid to prevent the takeover, in which the target company issues a large number of shares of stock below the market price to friendly investors. The company wanting to acquire the target must buy the shares in order to be successful.

Definitions of ’whitemail’ and meaning of ’whitemail’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’whitemail’ and other financial terms with our online QFINANCE Financial Dictionary.

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