What do you mean my merger by reverse bid? why Company will do Such type of merger.
2 Replies
Sujita
(Student)
(29 Points)
Replied 09 September 2011
When small company buy Big compnay then such type of merger and acquistion is know as merger by reverse bid. such type of merger takes place to take tax benefit.
Punit Gupta
(Student(CA/CWA))
(55 Points)
Replied 10 September 2011
Thanks a lot
Can you elaborate which type of Tax benefit?
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