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Definition: Reverse merger
Category: SNA
A reverse merger is a deal where the acquiring corporation ceases to exist and merges into the target corporation. If a corporation is eager to get public listing in a short period of time, it can buy a corporation with listed shares and merge into it in order to become a new corporation with tradeable shares (§ 21.21). http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA2008.pdf
Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009
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