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Busted Takeover |
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Busted Takeover An acquisition of one company by another in which the acquiring company finances the purchase with debt and then sells various assets of the target company in order to repay the debt. A busted takeover is most advantageous when the acquiring company is cash poor and the target company has a surplus of undervalued assets. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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