DEFINITION of 'Stock Swap' The exchange of one ass
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DEFINITION of 'Stock Swap' The exchange of one asset for another. A stock swap occurs when shareholders' ownership of the target company's shares are exchanged for shares of the acquiring company as part of a merger or acquisition.
no debt, no noteholders & perhaps no one has paid much attention to the share structure(s) of both. Hhmm things that make you say BANK & as previously stated no r/s needed but end result much lower share structure, much higher pps, same portfolio value....that will only increase in value due to no debt, no noteholders & more incoming revenues.