Backflip Takeover

Importance: 0.57

Is a company: no

Is a proper noun: no

Definition of Backflip Takeover

1. When the purchasing company becomes a subsidiary of the purchased company after the acquisition.

Related Terms and Acronyms

• Hostile Takeover — Bank,
  • When a company purchases another but the target company's management does not approve.
• Reverse Takeover — Bank,
  • The purchase of a public company by a private company, often to avoid the IPO process.
• Friendly Takeover — Bank,
  • When a company purchases another and both parties' management approve.
• Takeover — Bank,
  • The purchase of a company by another.
• Annex — Bank,
  • To add one thing onto another.