Wednesday, February 10, 2016 11:12:50 AM
"A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company."
That's exactly what's happening.
Knew that too, just didn't know it had a name.
Thanks doosh
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