Reverse book building
Market basicsThe price discovery process in a delisting, where public shareholders state the price at which they will sell.
In plain terms
Shareholders bid the price up rather than down. The promoter can accept or walk away.
1492 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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