Written By
S.Baskar
Senior Financial Analyst
Concept of Slump sale:
Slump sale is one of forms corporate restructuring. It is the process of transferring whole or part of the undertakings of the business a going concern for any lump sum consideration. It is generally carried out by any company that indents to hive off its loss-making division and shall focus on the care value of the business.
Also, slump sale facilitates increase in market share of the company. Creation of a brand isa long process; hence companies prefer to acquire an established brand and capitalize on it to earn huge profits.
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