>Private company ABC buys public company XYZ, using a large loan>ABC restructures the loan so that it is secured by the assets of XYZ>ABC spins off XYZ to become an independent company again>XYZ still is saddled with the restructured loan>XYZ becomes insolvent under the weight of its debt, and all its assets are sold off to pay off the loanWhat is this strategy called? I think I've seen it given a name, but I can't remember what it is.
Example:
>>>/tg/92588534 