The alternative PIPE deal is called a "technical deal," where investors invest based not upon "actuals" but on future prospects, and thus prefer equity ownership down the road, at liquidation, when the firm's fundamentals are likely to be stronger.
What does AP stand for?
AP stands for Alternative Pipe
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We have 193 other meanings of AP in our Acronym Attic
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Samples in periodicals archive:
Satisfied with the performance of PVC pressure pipe on this project, MWA staff indicates that PVC will be considered as a specified alternative pipe material for future projects.