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in this video weamp;#39;re going to talk about the reverse triangular merger which is a type A tax-free reorganization so letamp;#39;s say that youamp;#39;re the director of a corporation called amazing animals that runs retirement homes for animals and you decide that you want to acquire another firm called Turtles and things that want runs a retirement home specifically for Turtles and snakes and so forth so you want to acquire this this company but maybe they have a lot of liabilities or contingent liabilities that that you donamp;#39;t want any part of uh you donamp;#39;t want them to be part of your organization so what you do is you say okay well Iamp;#39;ve got an idea youamp;#39;ve got a subsidiary so youamp;#39;ve got a subsidiary and this is a subsidiary of Amazing Animals letamp;#39;s say that the subsidiary is called animal heaven so you have the subsidiary and you can create the subsidi or if itamp;#39;s an existing subsidiary doesnamp;#39;t matter you have this
