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reverse takeover

British  

noun

  1. finance the purchase of a larger company by a smaller company, esp of a public company by a private company

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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See Examples For:

That was one of the reasons MedMen chose to go public through a reverse takeover, which he said was three months faster than a traditional public offering would have been.

From Los Angeles Times May 25, 2018

Premier’s shares were suspended early Wednesday, ahead of the announcement, by the U.K.’s Listing Authority to determine whether the deal should be classified as a reverse takeover or not.

From The Wall Street Journal Jan. 13, 2016

Effectively, Pfizer is pursuing a reverse takeover of Allergan, which makes Botox, with the smaller company buying New York-based Pfizer.

From The Guardian Nov. 23, 2015

The firm added that the deal, if completed, could be classified as a reverse takeover of Ladbrokes.

From BBC Jun. 23, 2015

He's written about Chinese reverse takeover stocks for the last four years, though he's never been to China except for a couple of days in Hong Kong a decade ago.

From Reuters Aug. 5, 2011

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