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Definition of Reverse Takeover A reverse takeover (RTO), also known as a reverse merger or a reverse IPO, is an alternative route for private companies seeking to enter the public market without going through the traditional initial public offering (IPO) process. In contrast to an IPO where a company raises
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Definition and Origin of Greenmail Greenmail is an unconventional financing tool used in hostile takeovers when a shareholder, known as a greenmailer, accumulates a substantial stake in a target company with the intention of launching a hostile bid. The goal of greenmail is to extort premium prices for these shares
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What is an Extraordinary General Meeting? An extraordinary general meeting (EGM) represents a crucial aspect of corporate governance. It refers to a shareholder meeting that deviates from the routine annual general meeting (AGM). Instead, it is convened when pressing business issues arise and require immediate attention between scheduled AGMs. EGMs
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