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Sale-Manageback |
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Sale-Manageback A transaction in which a company is sold but the previous owners remain in place as managers. For example, Joe may sell his company to Bob but remain as the chief executive officer. The seller may receive a share of the company's profits, but no longer has any liability for losses. 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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