Whitemail

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Whitemail

Sale of a large amount of stock by a company that is the target of a takeover bid to a friendly party at below-market prices, so that the raider is forced to buy more of highly priced shares to accomplish the takeover.

Whitemail

An anti-greenmail provision whereby a publicly-traded company sells a significant portion of its stock to a friendly company, usually at a discount to its market value. Greenmail is a practice in which a corporate raider buys stock directly from shareholders with no intention to actually take over the company, but instead wishes to force the company to buy back its own shares at a significant premium. When the target company engages in whitemail, it sells its shares to the friendly company in the belief or assurance that the friendly company will sell to the corporate raider only at a significant premium. Whitemail makes the greenmail more expensive for the corporate raider, who may then be forced to abandon the attempt.

whitemail

A takeover target's sale of a large number of its own shares at a bargain price to a friendly party. Whitemail causes a takeover to become more difficult and expensive because a corporate raider must purchase additional shares from a party friendly to the target company.

References in periodicals archive ?

New roles to deliver a range of multi-channel services across voice, email and white mail channels

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It also led to a rise in the amount of white mail received at Vegreville centre as clients started replying to unnecessary requests or sought clarification.

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Spokesman Chris Caldwell said the acquisition of the Ulster company - which provides services across email, telephone, live chat, social media and white mail - was complementary to its services and geographic footprint.

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With its ability to work with data ranging from machine print through to cursive handwriting on completely unstructured white mail or archives, as well as complex data from columns or lists such as that commonly found within lockbox applications or EOB documents, A2iA DocumentReader is proven to reduce costs and improve business processes.

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Most publishers earn a significant amount of revenues from "untraceable orders" that come in over the transom: phone, white mail.

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Proven to automate workflow and produce a visible ROI for its users, A2iA DocumentReader processes data ranging from machine print through to cursive handwriting on completely unstructured white mail or archives, as well as complex data from columns or lists.

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A2iA DocumentReader is unique to the market and is proven to reduce costs and speed processing times by allowing users to automate a workflow that contains data ranging from machine print through to cursive handwriting on completely unstructured white mail or archives.

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The people who responded the best were those from the Web, and from white mail.

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The original 16-page black and white mail order catalog, begun in 1969, has expanded to 14 full-color issues.

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It has been rolled out to Sony operations in all European countries and manages customer interactions across phone, email, white mail, fax and web contacts.

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So, that could be a reason why when I compare December of 1999 (the Christmas campaign), that it sees lifts but our white mail is down.