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

  • Takeover Bank,
    • The purchase of a company by another.
  • Annex Bank,
    • To add one thing onto another.
  • 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.
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