B reorganization
- A type of reorganization where a corporation gains control of another company's stock by trading solely for all or a part of the controlling corporation's voting stock or its parent's voting stock, securing control of the acquired company immediately after the transaction
- The merging business decided to initiate a B reorganization to acquire a smaller company's stocks.
- Under the B reorganization plan, the acquiring company gained control of the target company immediately after the exchange of voting stocks.
- Through a B reorganization, the corporation secured the majority of the voting stock of the acquired company.
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