dirty shell. A shell company in which it appears shady players have been involved and undertaken questionable transactions or tactics that have the effect of reducing the shell's desirability to a merger partner.
How did BZTG become a shell?
What happened to the assets that were supposed to be in it?
Don't the assets of a public company belong to shareholders?
How can the assets be stripped out of a public company and placed into a private company?
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