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This is a very common setup. It's called a reverse triangle merger. https://www.investopedia.com/terms/r/rtm.asp https://www.investopedia.com/terms/r/rtm.asp
by jonathankoren 8y ago
This is a very common setup. It's called a reverse triangle merger.
https://www.investopedia.com/terms/r/rtm.asp https://www.investopedia.com/terms/r/rtm.asp
- mirimir 8y agoYes, I see: > Because the reverse triangular merger retains the seller entity and its business contracts, the reverse triangular merger is used more often than the triangular merger. I was going to say "I wish that I could do that!" But then realized that bankruptcy comes pretty close.
- s73v3r_ 8y agoBut why would a judge not go, "No, Twitter, you clearly acquired the company. Just because you broke it into pieces, and then picked up all those pieces does not mean that you didn't acquire the company."