65. What is a Reverse Merger/Reverse Takeover?

Recently, Vivint did a Reverse Merger at $5.3B... ...So, what is a Reverse Merger? Basically, it goes like this: --> Vivint wants to go public, but they don't want to go the traditional route. (IPO, 12 months of pitching investors, etc...) So instead, they did a Reverse Merger. 👉There are shell companies (for example, Mosaic) listed on the market, which are looking for someone to partner with or purchase. So Vivint partnered with Mosaic (a shell company) for their reverse merger and accomplished what most try to do in 10-12 months in less than 30 days! Now, this method is very common... Some companies that do this include: Berkshire Hathaway Jamba Juice Burger King, Texas Instrument etc.. 👉 So, what are the pros and cons of doing it this way? Tune in to hear the rest: by the way, if you want to start your own fund, go to www.investmentfundsecrets.com today **We are not selling or soliciting a security in any way, shape, or form. This content is for entertainment purposes only and is not financial or legal advice**