Reorg

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Reorg (or Corporate Action or Reorganization)

Any transaction involving the issuance of stock or cash, or the cancellation of stock tendered by a shareholder, such as in the case of a merger, acquisition or tender offer.

Reorganization

The act or process of changing the terms on the assets and/or liabilities of a company. That is, a company may consolidate its debts, significantly change the size and scope of its operations, and take other measures to reduce the strain of continuing operations. Most companies reorganize either as part of a bankruptcy or as an effort to avoid it. If the company is reorganizing as part of a corporate bankruptcy, it is said to be in receivership.
References in periodicals archive ?
Meanwhile, a group of unsecured creditors of Loews Cineplex is trying to elbow back to the table in a bankruptcy reorg of the giant exhib.
IRI customers are involved in data warehouse ETL, VLDB reorgs, reporting, mainframe migration, and application development on UNIX/LINUX and Windows platforms.
We know we need to do reorgs and with DiagnosticManager, we now know the best time to perform them to give us the best overall SQL Server performance.
We have at most a two hour window each day to complete as many reorgs as possible.
Business Purpose and Economic Substance of the Step 1 F Reorg.