Business Terms and Jargon Explained
What is Asset stripper
An asset stripper is a person or business that buys businesses and sells off their assets. This is normally done when either the business is not profitable and they can buy the business for less than what the assets are worth or they have no intension of running the business and buy the business just to sell off the assets at a profit.
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Term created / updated 2011-11-07 14:47:53
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