NEW YORK - Reverse takeovers have been criticized of late as many Chinese companies have gained easy listings on the American exchanges by this. However this is how Warren Buffett got his start. The image to the left explains how reverse takeovers (RTO) happen.
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Monday, January 30, 2012
Reverse Takeovers Explained (NYSE: BRK.A)
NEW YORK - Reverse takeovers have been criticized of late as many Chinese companies have gained easy listings on the American exchanges by this. However this is how Warren Buffett got his start. The image to the left explains how reverse takeovers (RTO) happen.
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