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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:

It wants the authority to issue the shares in case Sorrell has grown S4 through acquisitions before the reverse takeover with Derriston has gone through.

From Reuters ● Jul. 4, 2018

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

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

From BBC ● Jun. 23, 2015

Heritage will take control of the assets, known as OML30, via a reverse takeover, bridging loan and a $370m rights issue.

From The Guardian ● Jul. 1, 2012

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