dump-buyback
- A strategy where the owners of an ailing business establish a new entity to purchase the original business's assets at their liquidation value, either informally with creditor approval, through a public auction, or via an assignment for the benefit of creditors
- When the restaurant business was failing, the owners considered a dump-buyback to try and recuperate some of their losses.
- To save the manufacturing plant, the owners created a dump-buyback plan.
- A dump-buyback is sometimes the last-ditch effort entrepreneurs resort to when trying to salvage their failing ventures.
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