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ATM offering

ATM offering  n.— «UAL registered earlier this month to sell as much as $200 million through a dribble. “We believe this program provides more flexibility” than a traditional follow-on, said United spokeswoman Jean Medina. The...

strip-and-flip

strip-and-flip  v. phr.— «Typically, in a buyout situation like this, the new owners follow some variation on what has come to be called the strip-and-flip script. They proceed to gin up profits at their new holding by any means necessary...

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