Parking Violation

外汇网2021-06-19 13:46:01 68

The illegal practice of an acquiring company concealing ownership of the target company by holding stock under a related third party before attempting corporate takeover.

Unlike the parking violations that many of us as drivers commit inadvertently, this type of violation is deliberately hostile. By having a third party hold significant portions of stock, the acquiring company can ppare for a takeover without exceeding certain ownership reporting levels and alerting the target company.

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