asset stripper investment & finance definition
A type of corporate takeover in which the buyer is taking over a company in order to sell the company's assets.
Asset Strippers
They are a form of corporate raiders who gains ownership of a company and sales off its assets to handle the outstanding debt incurred and make sure that the remaining assets are enough to operate the company at a profit.
Asset strippers are a form of corporate raiders that focus their attention on a target company. The goal is to gain ownership and control of the company over time.
Asset stripper
A corporate raider (company A) that takes over a target company (company B) in order to sell large assets of company B to repay debt.
Asset strippers take over a company and then sell parts of it for a profit. The concept behind asset stripping is that, for some companies, the sum of their parts is worth less than those parts are worth individually.
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See also Any-And-All Bid; Arbitrageur; Asset Stripper; Bear Hug; Blitzkreig Tender Offer; Bust-Up Takeover; Cram-Down Deal; Crown Jewels; Dawn Raid; Deal Stock; Fair-Price Amendment; Gap Opening; Garbatrage; Godfather Offer; Golden Parachute; ...
asset stripper An individual or corporate raider who takes over a company planning to sell large assets in order to repay debt.
 See also: Asset, Strip, Right, Share, Profit
  
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