G reorganization

Definition of "G reorganization"
  1. 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
How to use "G reorganization" in a sentence
  1. The troubled firm underwent a G reorganization to alleviate their financial distress.
  2. As part of the G reorganization, the company's assets were moved to a new entity.
  3. Under the conditions of the G reorganization, the shareholders received shares in the new corporation.

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