reverse takeover
In business, situation where a smaller company takes over a larger one. This may be a company's strategy to avoid a hostile takeover by selling itself to a white knight. The term is also used to describe the situation where a private company buys a publicly-listed company. This is often the most cost-effective method of obtaining a public listing because it avoids the expense associated with a flotation.
© RM 2010. Helicon Publishing is division of RM.
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