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Topic: Greenmail


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In the News (Tue 29 Dec 09)

  
  GreenMail - Email Test Servers
GreenMail is an excellent choice for unit testing code that needs to send email with a succinct, efficient (non-polling) way to wait for messages to arrive, retrieve, verify, and modify messages.
GreenMail is open source released under The Apache 2.0 License.
GreenMail's protocol source code is based on a cocktail of Foedus and James with heavy modifications and bug fixes.
www.icegreen.com /greenmail   (415 words)

  
  Greenmail - Wikipedia, the free encyclopedia
Greenmail or greenmailing is a corporate acquisition strategy for generating large amounts of money from the attempted hostile takeover of large, often undervalued or inefficient companies.
Greenmailing is a variant of the corporate raid strategy of taking over an undervalued company, dismembering it, and selling off its valuable pieces for a profit.
Changes in the details of corporate ownership structure, in the investment markets generally, and in Federal tax treatment of greenmail gains (a 50% excise tax) [1] have made greenmail far less common since the early 1990s.
en.wikipedia.org /wiki/Greenmail   (210 words)

  
 Merriam-Webster Online
A spokesperson for the company denied rumors of a greenmail attempt.
"Greenmail" is a recent English coinage, but its history spans a millennium.
Finally, in the 1980s, "greenmail" was coined by combining "green" and "flmail" to describe a particular type of financial piracy.
leopard.eb.com /cgi-bin/mwwodarch.pl?Mar.03   (108 words)

  
 Greenmail (2002) (V)   (Site not responding. Last check: 2007-09-27)
from Rochester, NY As a card-carrying member of a half-dozen or more environmental groups, I was attracted to `Greenmail's' advertised plot about the mismatched union of an activist and an ATF agent to stop an environmentalist gone over the edge into a spree of fatal bombings.
Alas, the environmental angle is nothing more than an excuse for a very standard genre thriller where the villain blows up a lot of people.
The one very minor plot twist is reduced to a simple throwaway line because we really don't know much about why the characters do what they do to their friends or to others.
www.imdb.com /title/tt0283361   (371 words)

  
 26 CFR PART 156   (Site not responding. Last check: 2007-09-27)
Greenmail is considered to be received when gain or other income is realized, as determined according to the taxpayer's method of accounting, without regard to any provision of the Code providing for deferral of recognition.
The tax under chapter 54 (Greenmail) of the Code shown on any return shall, without notice of assessment and demand, be paid to the internal revenue officer with whom the return is filed at the time and place for filing such return (determined without regard to any extension of time for filing the return).
A reasonable extension of the time for payment of the amount of any tax imposed by chapter 54 (Greenmail) of the Code and shown or required to be shown on any return may be granted by the appropriate district director at the request of the taxpayer.
www.washingtonwatchdog.org /documents/cfr/title26/part156.html   (1724 words)

  
 Wealth Creation as a “Sin”: Policy Reports: The Independent Institute
More simply, greenmail is payment from a corporation to a person or persons intended to induce them to abandon an attempt at a takeover of that corporation.
Greenmail, by giving a corporation some power to control its destiny, may allow a corporation to stave off a takeover attempt that is not in the best interests of the corporation or its shareholders.
Moreover, when the greenmail is taxable as income, section 5881 can result in nearly a 90 percent cumulative tax rate on the payments.
www.independent.org /publications/policy_reports/detail.asp?type=full&id=15   (8225 words)

  
 greenmail and Stock Trading at TradeStars + Stock Trading   (Site not responding. Last check: 2007-09-27)
participants of a greenmail market are many and varied, and range from people like you, trading for themselves, all the way up to billion dollar greenmail funds managed by major corporations.
The general rise in markets seems to be a reflection of the increase greenmail in human economic activity, and over the last few hundred a U.S. Senate greenmail subcommittee, former SEC Chairman Arthur Levitt testified that, I am concerned that some stock traders dont fully understand the greenmail level of risk they are assuming.
The requirement will be applied to the highest greenmail Outstanding Day Trade Margin Call If an account has an outstanding day trade margin call, or has been restricted for greenmail failure to meet a day trade margin call, more stringent rules apply than for general purpose single greenmail account.
www.tradestars.com /content/greenmail.asp   (215 words)

  
 Hawaii Reporter: Hawaii Reporter
PKO's legal theory goes beyond the usual "greenmail" which has developers forking out millions to erstwhile environmentalists and cultural practitioners in exchange for not protesting their developments and not tying them up in endless hearings, procedures, studies and other red tape.
For the "greenmail" system to work, this case must be decided in mediation.
Greenmail schemes received a huge boost from the PASH decision because it dramatically expanded their legal avenues of exploitation.
www.hawaiireporter.com /story.aspx?ce6840e4-c988-41d4-8997-55ba01cb3273   (1405 words)

  
 Hawaii Reporter: Hawaii Reporter
Another source of pressure on the courts to quickly decide the case is the threat it poses to the future solvency of Hawaii County.
It is precisely this arrogant and grasping attitude which is endangering the entire system of "greenmail" in Hawaii.
The danger posed to the entire greenmail system by the legal taking of property without compensation stems from the fact that it could force a decision which would dismantle all or part of the legalized system of extortion of property owners "perfected" 10 years ago by the PASH decision. 
www.hawaiireporter.com /story.aspx?3cee4e39-0d45-4dab-8e33-ef286b3f204a   (1336 words)

  
 FCC To Launch Greenmail Season - 4/26/1999 - Wireless Week - CA3780   (Site not responding. Last check: 2007-09-27)
The commission adopted the restrictions­known as "greenmail" rules­last year to reduce the potential for speculative or frivolous license applications or objections filed solely for the purpose of gaining money.
A large number of pending disputes involve the defunct "finder's preference" program, which awarded already licensed frequencies to parties demonstrating that an original licensee was not in full regulatory compliance.
The WTB did not explain precisely why the rules are not applicable at this point in time, although it said the waiver was issued because of the many cases pending.
www.wirelessweek.com /article/CA3780.html?spacedesc=&stt=001   (308 words)

  
 greenmail on Encyclopedia.com   (Site not responding. Last check: 2007-09-27)
GREENMAIL [greenmail] payment, by a corporation that is a takeover target, of a premium price for the shares of its stock that have been accumulated by the potential buyer.
U.S. Shoe acts to block takeovers and greenmail.
Leveraged buyout, greenmail leave Blue Bell's pockets bare.
www.encyclopedia.com /html/E/E-greenmail.asp   (180 words)

  
 Stock Buybacks i.e. Greenmail Payments   (Site not responding. Last check: 2007-09-27)
Dividing that total net Greenmail Payout by the remaining net tangible equity of the corporation provides an indication of "how long the corporation has to live" if the squandering management continues its profligate wastefulness of assets belonging to continuing stockholders.
There are numerous Deficit Tangible Equity corporations running around these days whose fraudulent managements have already blown away all of the real assets and are running the companies on thin air and the effective promise of protection for their egregiously excessive salaries and perquisites in criminally corrupt bankruptcy courts.
The difference is 26.43 x 28.950 = $765.149 net Greenmail Paid in the 3 years 3 months for which data was gathered, which is -1471.2% of the tangible equity remaining for continuing holders or $-4.23/sh.
home.earthlink.net /~bgrumbin/talks/buybacks.htm   (7873 words)

  
 TheManageMentor - Knowledge Universe - Finance - How Goodyear Won the Anti-takeover War?
Sir James was “persuaded” to sell his stock to Goodyear and in the process made a clean profit of $100 million in “greenmail”, emerging richer than he would have been otherwise.
The company acquired 12.5 million shares for $613 million while the rest of the shares were bought by arbitrageurs.
They were of the view that greenmail had prevented them from cashing in on the premium price that the company paid to the takeover groups.
www.themanagementor.com /kuniverse/kmailers_universe/finance_kmailers/mgr/takeovers3.htm   (768 words)

  
 CA Payment to Texan's Ranger Called 'Greenmail'
The reason, ISS says in its report, is because the incumbents unanimously supported what the firm characterized as a greenmail payment to Wyly's Ranger Governance.
The firm was referring to a settlement in which Computer Associates, an Islandia, N.Y., software company, paid Wyly $10 million in exchange for his agreement to abandon his second proxy contest against CA, to not launch another proxy battle for five years and to extend a noncompete clause for five years.
"The standstill provision in the settlement agreement renders the payment as a form of greenmail," ISS said in its report, referring to the 1980s practice in which companies got rid of corporate raiders by buying their shares at a premium.
www.thestreet.com /pf/tech/ronnaabramson/10038835.html   (521 words)

  
 [No title]   (Site not responding. Last check: 2007-09-27)
"GreenMail" has extended possibilities to perform the coping, moving and deleting messages.
If at this moment your phone is occupied in other operations, that check will be postponed on 15 min.
After arrival of the response the window of the SMS chat will be activated.
www.sw4u.org /gmdescription_e.htm   (654 words)

  
 TIME Magazine Archive Article -- Your Money or Your Company -- Jul 30, 1984   (Site not responding. Last check: 2007-09-27)
In a greenmail ploy, an investor buys enough stock in a company to pose a takeover threat in hopes that the firm's officers will buy him out at a premium.
Regis has been greenmailed twice, first by Sir James Goldsmith, the British industrialist, and then by Loews Corp., the hotel and movie-theater company.
Last week Disney and St. Regis faced the fact that greenmail is like flmail: a company that pays once merely invites new demands.
www.time.com /time/archive/printout/0,23657,926729,00.html   (235 words)

  
 Stuck With Carl - Forbes.com   (Site not responding. Last check: 2007-09-27)
During the 1980s and even more recently, boards often bought out the stakes of investors like Icahn who were threatening a takeover fight just to get rid of them.
But thanks to tightened board rules, a post-Sarbanes Oxley pro-shareholder sentiment, and in several cases, state laws outlawing greenmail, raiders now have to build a broad shareholder consensus to get their goals accomplished.
Without greenmail as a weapon, activist shareholders have an even steeper hill to climb to raise a consensus.
www.forbes.com /2006/02/17/time-warner-greenmail_cx_lm_0217greenmail.html?partner=msn   (993 words)

  
 The Hindu : Greenmail, winners and losers - the Gesco takeover battle
For most of the past four months, the group seemed intent on taking full control of the company and thereafter exploit its rich real estate.
In the end it has turned out to be a transaction for swift profit and almost akin to a ``greenmail''.
This term refers to an act of an investor who buys a large block of stock with the intention of selling it to a corporate raider at a premium or selling it back to the company at a higher premium to keep it out of the reach of the corporate raider.
www.hindu.com /2001/01/10/stories/0610000a.htm   (708 words)

  
 WWF - Black gold and 'greenmail'
That is a very welcome change of attitude at a time when governments must ratify the Kyoto Protocol under the Climate Change Convention and when strenuous efforts will be made to avoid requirements to reduce carbon dioxide emissions.
On the other hand, we have yet to see whether these oil company public relations campaigns are any more than what some environmentalists dismiss as "greenmail", after the predominant colour of the advertisements.
The conservation organization WWF is increasingly finding conflicts between its objectives as a conservation organization and the effects of oil exploration and exploitation in some of the world's remotest and most sensitive areas - tropical forests, wetlands and even protected regions such as the Arctic.
www.panda.org /news_facts/newsroom/opinions/index.cfm?uNewsID=2136&uLangID=1   (896 words)

  
 Greenmail, Volume 2, Number 3, September 1997
Columbia--The Greenmail staff celebrated the publication of his first anniversary issue on a camping trip to Worthington State Forest in New Jersey.
The Rainbow Keepers, a radical environmental group, were attacked by workers at the entrance to a nuclear power plant recently.
Greenmail is published quarterly by the Queens Green Party in paper form and as a part of our World-Wide Web site.
www.nygreens.org /queens/gmail/v2n3.htm   (2000 words)

  
 Greenmail, White Knights, and Shareholders' Interest   (Site not responding. Last check: 2007-09-27)
Abstract: This article develops a model in which greenmail and other forms of management resistance to takeovers can benefit shareholders.
In particular, discouraging some potential acquirers may increase shareholder wealth because it encourages others to pursue a combination with the target.
This occurs because the number of competing acquirers is reduced and because resistance can signal that the target does not have access to a "white knight." This signalling effect may explain why share prices decline after management resists a takeover, even when such resistance is value-maximizing in the long run.
www.rje.org /abstracts/abstracts/1986/Autumn_1986._pp._293_309.html   (91 words)

  
 E:\Exams\GREENB~1\Internet & Online Law - Sp 00.htm   (Site not responding. Last check: 2007-09-27)
Finally, Beaverton's letter states that Wonderful must respond to his letter by meeting with him and greenmails counsel no later than 5/15/00 to sign a binding Letter of Intent, or else, the hostile tender offer will be commenced.
Question 3: Assuming your law firm is asked by Wonderful to draft a reply letter to Greenmail conditionally consenting to a meeting with Beaverton, list two (2) demands that Wonderful may reasonably make of Greenmail prior to entering into any meaningful discussions regarding a strategic alliance by merger (the first choice offered by Greenmail).
Question 5: Assume Wonderful agrees to the merger with Greenmail and all appropriate shareholder votes and corporation actions are taken to effectuate the merger closing.
www.ggu.edu /lawlibrary/studentstudyaids/law_exams/greenberg_m/attachment/Greenberg_Internet_Sp00.htm   (1690 words)

  
 greenmail - thegreenpages - Canada
If you are a die-hard fan of thegreenpages.ca (or would like to have your choice of a unique name - yourname@mail.thegreenpages.ca), request an account and send us your desired user name.
Contact us to get your greenmail account today!
Listed below are links to blogs that reference this entry: greenmail.
www.thegreenpages.ca /portal/ca/2007/03/greenmail.html   (253 words)

  
 Save Paper, Post and Money with Greenmail
Simple to use, Greenmail doesn't require the user's email addresses to be changed: it can be configured to pick up mail from existing POP or web mail accounts.
As well as making email private and safe, Greenmail aims to reduce paper usage, postage costs and the amount of transport used to deliver 'snail mail' (the traditional post), all of which adds to carbon dioxide polluting the air - the main cause of global warming.
He adds: 'Greenmail changes this situation by making email trustworthy and secure.
www.pressdispensary.co.uk /feed/99592.php   (311 words)

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