Back-End Plan
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Back-End Plan |
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Description of Back-End Plan. Explanation. |
Definition Back-End Plan. Description.
A Back-End Plan allows certain existing shareholders (other than the bidder) to exchange their existing shares for a package of securities that effectively requires the acquiring company to buy out the shareholders at a price established by the target company's management.
Compare with: Anti Hostile Takeover Mechanisms |
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End of description Back-End Plan. An explanation. |
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