A takeover of a public company by a smaller company.
‘Shire has little surplus cash in its balance sheet, so a paper-based reverse takeover via a share exchange would be the most probable route to a takeover.’
‘Meanfiddler.com began trading on Monday, following the reverse takeover of its parent, Mean Fiddler.’
‘‘These transactions are at an advanced stage and one possible transaction may constitute a reverse takeover, if concluded,’ the company said.’
‘A further £5 million was raised earlier this year in conjunction with a proposed reverse takeover of a software company, IMS Maxims, which fell apart in April.’
‘OverNet Data (LSE: OND) for instance is a shell company that has come good following the imminent prospect of a reverse takeover.’
‘It has found the confidence to go after a target so large that any deal would amount to a reverse takeover of APC, which is worth just £3.6m these days.’
‘The shares were suspended on July 17 at 4.75p when the company revealed it was subject to a possible reverse takeover.’
‘Jack's plan for HiT was to conduct a reverse takeover by a CDNX company and then seek a NASDAQ listing.’
‘Why compete, they may ask, when one can simply orchestrate a reverse takeover?’
‘Sangoma announced in December that it is involved in a reverse takeover of Inlet Devices Corporation, a public company registered on the Canadian Venture Exchange.’
‘Farrell spoke to a man who claimed to have completed several capital pool reverse takeovers and recommended that they use that method.’
‘CeNeS acquired the Scottish operation in 1999 through a reverse takeover of Core Group.’
‘The reverse takeover will increase the number of listed mobile companies on the main board to four.’
‘It eventually disappeared in a reverse takeover with Cambridge biotech firm CeNes.’
‘To give it more substance he helped it in a reverse takeover of Sheffield United.’
‘First Active could fund some sort of reverse takeover or merger following last year's failed merger with Anglo Irish Bank.’
‘This is an extraordinary form of reverse takeover.’
‘With the HK $6.56 billion reverse takeover, PCPD became a property developer and manager, with Residence Bel-Air being the cream of its property portfolio.’
‘Scanlon was the architect of the great Elders IXL reverse takeover of CUB in the early 1980s, which was the best example we've ever seen of a small predator taking over a bigger target.’
‘There's a good precedent for this kind of reverse takeover.’
Are You Learning English? Here Are Our Top English Tips