Greenmail, which is like blackmail, occurs when:

Greenmail, which is like blackmail, occurs when:
A . potential acquirer buys a block of stock in a company
B . the target company’s management becomes frightened that the acquirer will make a tender offer and gain control of the company
C . head off a possible takeover, management offer to pay greenmail, buying the stock owned by the potential raider at a price above the existing market price
D . All of the above

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Answer: D