Chinese Law Prof Blog

Editor: Donald C. Clarke
George Washington University Law School

Wednesday, July 14, 2010

Chinese companies flimflammed in reverse merger mania

With all the handwringing these days about the crafty Chinese taking trusting American businesses to the cleaners, isn't it nice to see that other US firms are stepping up to the plate to do their part for the balance of payments? (For the literal-minded among you, I'm kidding.)

Here's a very interesting (if you like corporate finance) set of posts from the China Private Equity blog on how Chinese firms get talked into doing reverse mergers into US firms, with the hope (rarely fulfilled) of getting listed on Nasdaq.

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