bust-up takeover

bust-up takeover definition - business

bust-up takeover

The acquisition of a firm in which the acquiring company sells certain assets or segments of the target firm in order to raise funds and repay the acquisition debt. Such a takeover is most often undertaken when the target firm has a significant amount of undervalued assets and the acquiring company has little cash.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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