G reorganization
- A type of corporate restructuring where a company moves some or all of its assets to another corporation as part of a bankruptcy or similar procedure, contingent upon the new corporation's stocks or securities being shared in a compliant manner
- The troubled firm underwent a G reorganization to alleviate their financial distress.
- As part of the G reorganization, the company's assets were moved to a new entity.
- Under the conditions of the G reorganization, the shareholders received shares in the new corporation.
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