3 ms·
Is he able to sell his 9% stake while the board mulls his offer?
by fullshark 5y ago
Is he able to sell his 9% stake while the board mulls his offer?
- Jyaif 5y agoI want to know the answer to this question.
- bombcar 5y agoI suspect his shares are now "locked" whilst the offer is considered; perhaps he can acquire more but I suspect he cannot sell, as it would be an obvious deception. He would have to announce the withdrawal of the offer and then I assume he can begin selling. Note: I am not an SEC.