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Re: jackel10k post# 10868

Tuesday, 11/17/2009 11:07:16 AM

Tuesday, November 17, 2009 11:07:16 AM

Post# of 35926
Rather than taking up a lot of time trying to explain it to you, here is the definition taken from wiki;

Reverse Merger Wiki;
Reverse takeover (reverse IPO) is the acquisition of a public company by a private company to bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company.

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