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Clean Shell




A shell company which has no liabilities or other negative attributes as perceived by an operating business seeking to merge with it.


Additional Comments:

Start with a public company clean shell. Many shells are created for the express purpose of merging with a private company. These shells have no predecessor entities and, as a result, little baggage in the way of a business failure or other skeletons in the closets.

Related Terms:

Cash-and-Carry Shell
A shell company whose owners wish to sell most or all of the shell's ownership for ...

Bankrupt Shell
A public shell that has been created either through issuance of shares following a bankruptcy (these ...

Alternative Public Offering
(APO) Somewhat misleading term used to refer to the variety of methods of going public other ...





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