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Asset Stripper |
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Asset Stripper An individual who determines if the value of a company is worth more purchased as a whole or divided into separate assets which are sold off. This is usually done in order to fulfill debt agreements. Notes: In essence, this is a corporate bargain finder who discovers discounts amongst financially troubled companies preparing to liquidate their assets. The job description is almost as exciting as the name. Asset stripper A corporate raider (company A) that takes over a target company (company B) in order to sell large assets of company B to repay debt. Company A calculates that the net, selling off the assets and paying off the debt, will leave the raider with assets that are worth more than what it paid for company B. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| In a previous job at a PR agency, I was asked to work with a particular client that was effectively an asset stripper. |
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