2 ms·
There was an article in Business Adventures about someone selling their stock through the newspaper to prevent another buyer from cornering the market. Could t
by CoolGuySteve 10y ago
There was an article in Business Adventures about someone selling their stock through the newspaper to prevent another buyer from cornering the market.
Could this be a similar measure to defend against a majority voter controlling the company?
- snuxoll 10y ago> Could this be a similar measure to defend against a majority voter controlling the company? An interesting theory, it would depend on whether said stock has any voting rights or not. Just because I have a share in a company doesn't mean I have any say, that all depends on the class of stock I have. Of course, TMUS has been under constant pressure from their majority owner (DT) and there's been constant rumors of sale (though DT seems to be happy with TMUS at this point, and said rumors have died down) - so I wouldn't be surprised if this was hedging a bet against DT (though I couldn't say how effective this could be).