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It’s both. You can take financial resources of the public or you can have veto power. If you have both, you’re not a “Public Company” anymore and your stocks s
by pm90 7y ago
It’s both.
You can take financial resources of the public or you can have veto power. If you have both, you’re not a “Public Company” anymore and your stocks should be immediately delisted from public markets.
- bilbo0s 7y agoTo do that, you would need to change the law first, and then go after FB. Given the fact that what happens appears to be us going after tech firms under current law, I wouldn't hold out much hope for needed changes in the legal environment. For some reason, (money), people just don't want to do that.