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When an employer secretly sells his/her business to a third-party without ever publicly acknowledging the fact to the employees of said business.
What happened to that old kvetcher, Max? He's looking all guilty and secretive... I mean, more than usual.

Haven't you heard? He subjected his art gallery to a Dutch takeover, now there's a guy he introduces to people as his new business "partner".
by nygcw February 19, 2010
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