asset-stripping

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asset-stripping

n
(Commerce) commerce the practice of taking over a failing company at a low price and then selling the assets piecemeal before closing the company down
ˈasset-ˌstripper n
Translations

asset-stripping

nAsset-Stripping nt, Aufkauf von finanziell gefährdeten Firmen und anschließender Verkauf ihrer Vermögenswerte
References in periodicals archive ?
No rock stars, and certainly no-one who had climbed the social dung heap to be branded by MPs as a spiv and unprincipled asset-stripper.
The Westminster veteran said of the retail billionaire: "He was and is a very successful traditional asset-stripper.
Cable is in Government to take difficult decisions and if he wants to prove the Lib Dems are different from their coalition partners, he should start by saving a great British company from the clutches of an American asset-stripper.
He will then begin an advertising blitz crafted to persuade voters he is likeable and wise rather than the ruthless asset-stripper of Democratic caricature.
And everyone at Longbridge knows that BMW would never have been able to get away with keeping their German workforce in the dark about plans to sell a major plant to an asset-stripper.
FURIOUS MPs yesterday demanded that billionaire BHS asset-stripper Philip Green is stripped of his knighthood.
Steve Richards, the only black boy in the school, now an industrial research chemist, is threatened by racists in Telford, but his nemesis will be the professional asset-stripper who will close down his company's R&D department before moving on with a golden handshake.
But Mr Platts says: "Recent acquisitions have shown he is not an asset-stripper.
A controversial asset-stripper who made his fortune selling stocks in the 60s and 70s is returning to the City.
Matt Lynch, Glasgow, said: "I'm worried Miller turns out to be an asset-stripper who makes a tidy profit out of Rangers and then goes back to Tennessee.
He was brilliant, ruthless and an asset-stripper, "Lord Moneybags" to one national newspaper but he retained a passionate interest in the affairs of his home town - and at one time he was engaged to film star Audrey Hepburn.
Maybe he is worried people think he is coming to Rangers as an asset-stripper because his background is in property but he is a genuine, affable guy - and Northampton had no assets to strip.