What is the definition of Backflip takeover? | Dictionary.net

BACKFLIP TAKEOVER

\bˈakflɪp tˈe͡ɪkə͡ʊvə], \bˈakflɪp tˈe‍ɪkə‍ʊvə], \b_ˈa_k_f_l_ɪ_p t_ˈeɪ_k_əʊ_v_ə]\

Definitions of BACKFLIP TAKEOVER

1910 - Black's Law Dictionary (2nd edition)

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A takeover where the buying company is now a subsidiary. This happens when the company bought is larger the the one purchasing it.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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