George Peterson Is the President of Alpha Beta Corporation ("ABC")

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The Answer is ABC might consider a tool referred to as a reverse takeover.A reverse takeover occurs when an enterprise obtains ownership of the shares of another enterprise but,as part of the transaction,issues enough voting shares that control of the enterprise passes to the shareholders of the acquired enterprise.ABC would be acquired by a publically listed company but enough voting shares will be issued in the acquisition to give control to ABC 's shareholders.Although legally the company that issues the shares is regarded as the parent or continuing enterprise,the enterprise whose former shareholders now control the combined enterprise is treated as the acquirer.As a result,the issuing enterprise is deemed to be a continuation of the acquirer and the acquirer is deemed to have acquired control of the assets and business of the issuing enterprise in consideration for the issue of share capital.If ABC is the active company not listed on an exchange,it would take over a company listed on an exchange.A business combination is initiated by ABC whereby the publically listed company issues shares to the shareholders of ABC and the net result is that the shareholders of ABC became the majority shareholders of the combined entity.

George Peterson Is the President of Alpha Beta Corporation ("ABC")

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