As described in the previous section, a leveraged buyout by a Newco that does not result in a change of control is treated as a recapitalization and EITF 88-16 prescribes the use of predecessor basis.
Source: wiktionary
Newco
Synonyms for "newco" (1 found)
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Noun(1 words)
Sample sentences
11 total sentences available.
This is not an unusual situation since some acquisition vehicles are "newcos" that have not conducted any business activities prior to the acquisition.
Source: wiktionary
If buyer has no such plans then the purchaser will probably be a newco, since in this structure the corporate veil will protect the buyer's assets from claims made against the target
Source: wiktionary
Sales of divisions of larger businesses usually require the creation of a newco.
Source: wiktionary
Showing 4 of 11 available sentences.