Arellano-Ostoa, Augusto; Brusco, Sandro - Departamento de Economía de la Empresa, Universidad … - 2002
A reverse merger (RM) is a technique in which a private company is acquired by a shell or defunct public company via stock swap. As a result, the private company becomes public. The main difference between an IPO and a RM is that an IPO allows going public and also allows raising capital while...