by a public firm (typically, only a shell
company) of a private firm by transferring over 50 percent
of its own stock
(thus, handing over its controlling interest) to the private firm. Seen often as an easy way to take a private firm public, it actually jeopardizes the firm's existence because the original
owners of the shell will be tempted to cash out
(liquidate) their holdings
whenever the firm attempts to enhance the market value
of its stock (shares).