Backflip Takeover

Definition

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

Related Terms and Acronyms

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