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Targeted repurchaseBuying back of a firm's stock from a potential acquirer, usually at a substantial premium, to forestall a takeover attempt. Related: Greenmail.
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Targeted repurchaseDefinition A target company's attempt to stop a hostile takeover by buying back its own stock from a potential acquirer, often at a significant premium above the market price.
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Targeted repurchaseBuying back of a firm's stock from a potential acquirer, usually at a substantial premium, to forestall a takeover attempt. Related: Greenmail.
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