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New addition:Reverse acquisition

Ddipamit10y ago
hi.sir is it vertical or horizontal integration?can u explain a bit? many thanks..
John MoffatJohn MoffatTutor10y ago#1
It is either when a smaller company takes over a bigger company (which could be either vertical or horizontal) or, more commonly, can refer to the fact when a public company is created simply to take over a private company in order to avoid the time and expense of going public (in which case it is not any sort of integration).
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