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Reverse_takeover

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From Wikipedia, the free encyclopedia A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public.[1] Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue.[2] The transaction typically requires reorganization of capitalization of the acquiring company.[3] In a reverse takeover, shareholders of a private company purchase control of a public shell company or special-purpose acquisition…

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