Reverse shell merger

Definition:

Acquisition of a publically listed shell company by a privately held company effectively making itself publically listed. Also see Going public through the backdoor..

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Reopen an issue

The Treasury, when it wants to sell additional securities, will occasionally sell more of an existing issue (reopen it) rather than offer a new issue.

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