Question: What is a reverse takeover and a backdoor listing?

What is a reverse takeover and a backdoor listing?

Step by Step Solution

★★★★★

3.47 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A reverse takeover occurs when a takeover firm is acquired that ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1343-B-F-A-F-V(749).docx

120 KBs Word File

Students Have Also Explored These Related Financial Accounting Questions!

Q:

What is a reverse takeover, and why is such a transaction entered into?

Q:

Why is a reverse takeover often immediately followed by a name change of the legal parent corporation?

Q:

In consolidated statements following a reverse takeover, which companys net assets are reported at fair values: the legal acquirers or the legal subsidiarys?

Q:

West End Printing Limited (WEP) was a large specialty printer located in Etobicoke. It was owned and operated by a single family until 2003 when it became listed on the TSX through a reverse takeover...

Q:

Gome: Going Public Mr. Wong Kwongyu, founder and chairman of Gome Appliance (Gome), was at another crossroads in early 2004. Gome, started in 1987 as a humble 100 square meter single shop in Beijing,...

Q:

In the Gome: Going public case study. What was the structure of the deal? Gome: Going Public Mr. Wong Kwongyu, founder and chairman of Gome Appliance (Gome), was at another crossroads in early 2004....

Q:

Gome: Going Public Mr. Wong Kwongyu, founder and chairman of Gome Appliance (Gome), was at another crossroads in early 2004. Gome, started in 1987 as a humble 100 square meter single shop in Beijing,...

Q:

Gome: Going Public Mr. Wong Kwongyu, founder and chairman of Gome Appliance (Gome), was at another crossroads in early 2004. Gome, started in 1987 as a humble 100 square meter single shop in Beijing,...

Q:

Now that Gome had a publicly listed shell (China Eagle), Wong Kwongyu needed to make two critical decisions. First of all, should he push through with the backdoor listing strategy or shift gears to...

Q:

In reference to three financial years, please discuss the firms corporate governance and ownership structure and provide suggestions on how to improve. Discuss whether its corporate governance is...

Q:

Imagine you are looking at a 40-rn-high bank along a river. The bank is being cut into by the river and consists completely of glacial till. How might you determine whether it is the result of a...

Q:

Consider an option on a non-dividend-paying stock when the stock price is $30, the exercise price is $29, the risk-free interest rate is 5% per annum, the volatility is 25% per annum, and the time to...

Q:

All of the following statements are correct regarding a Personal Auto Policy Part C ( Uninsured Motorists ) coverage except: Payment for property damage. Payment for punitive damages. Payment for...

Q:

1.11 What ideas discussed in this chapter would be suitable to recommend to a country just now revising its health system? To pursue equity, that is, wide coverage? To pursue cost containment, that...

Q:

Describe the financing synergies of M&A.

Q:

Describe the empirical evidence on the actual gains or losses resulting from mergers.

Q:

Carla is the CEO of The Superior Sausage Company (a Canadian firm, listed on the Toronto Stock Exchange) and believes that the best way for the company to grow is through acquisitions. She has...

Q:

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows: 0 1 2 Project X -$1,000 $100 $300 5430 $750 Project Y $1,000 $1,100 $100 545 $45 The projects are...

Q:

A stock that is currently selling for $47 has the following six-month options outstanding: Strike Price Market Price Call Option $45 $4 Call Option $50 $1 a. Which option(s) is (are) in the money? b....

Q:

Consider the following multifactor (APT) model of security returns for a particular stock. Factor Factor Beta Factor Risk Premium Inflation 1.0 9 % Industrial production 0.5 10 Oil prices 0.2 8 a. If...