asset stripper

asset stripper definition - finance
A type of corporate takeover in which the buyer is taking over a company in order to sell the companyÂ’s assets. The income from the sale of the assets pays for the debt incurred in funding the takeover. The buyer will profit if the value of the assets sold exceeds the liabilities incurred in acquiring the target company.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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