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Reverse take-over

A take-over in which normal conditions are reversed, i.e. a small public company or a private company takes over a large one. This is not common and where it occurs the reasons will often be found to be in a prior agreement between the two companies that, for complex legal or taxation purposes, a reverse take-over is in the best interests of both companies – the reality is an agreed amalgamation best served by the instigating company being the smaller of the two.

Reference: The Penguin Business Dictionary , 3rd edt.