County to be bought by rich arabs

alabamared

Stuart Pearce
Rich. said:
Not strictly true.

It's a way for amalgamation of various enterprises, and allows for people with differing financial levels to buy/own a definite percentage.

Forming a new company also insulates your pre-existent companies from any liabilities that may arise through the new venture.

Spot on; this occurs in most takeovers / buy outs / mergers. Usually referred to as "NewCo"
 
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