3 ms·
What would a holding company with a narrow focus like that do? Sit on the shares? Make other investments? Liquidate assets and return money to shareholders?
by mintplant 11y ago
What would a holding company with a narrow focus like that do? Sit on the shares? Make other investments? Liquidate assets and return money to shareholders?
- phamilton 11y agoOne theory is that Alibaba would buy that holding company. That would be an effective stock buyback since shares in a holding company are usually discounted (they are strictly inferior to actual shares since they lack things like voting rights). So Alibaba can decrease total share count by X share and only pay Xshare_price95%.