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steveberrings steveberrings
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9 months ago
ABC Inc. has no significant operating assets but is listed on the Toronto Venture Exchange. XYZ Corporation is a privately held technology company with operating assets of $2 billion. To take advantage of a “hot market” in technology stocks, XYZ recently merged with ABC, and after the merger, XYZ shareholders gained control of most of the shares in ABC. What kind of financial transaction did XYZ engage in?


▸

reverse takeover



▸

private placement



▸

special purpose acquisition companyd.



▸

equity carve-out

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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AdieMichelleAdieMichelle
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9 months ago
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steveberrings Author
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9 months ago
Thanks
kaytee23
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Yesterday
this is exactly what I needed
Kstan109
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2 hours ago
Thank you, thank you, thank you!
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