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What do you get when you pair a publicly traded but bankrupt company with a private, solvent one that can't go public due to market conditions? A perfect match. Such matches involving reverse mergers, once viewed as limited to shady operators, have become an increasingly common way for companies to gain access to public markets.
July 18, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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