Bon voyage bonus(redirected from Bon Voyage Bonuses)
Bon voyage bonus
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Bon Voyage Bonus
The payment to a greenmailer. Greenmailing is a practice in which a corporate raider buys a large amount of stock from another publicly-traded company and forces the latter to buy back the stock at a substantial premium in order to avoid a takeover. One refers to this buyback as the bon voyage bonus, as this enables the company to be left alone by the greenmailer.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved