Backflip Takeover
Definition of 'Backflip Takeover'An uncommon type of takeover that occurs when the acquiring company becomes a subsidiary of the acquired company. |
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Investopedia explains 'Backflip Takeover'This is the rarest form of takeover. Backflip takeovers usually occur when the target company is either larger or better established within the international market than the acquiring company. |
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