3 ms·
> It sounds like a robbery, plain and simple. A lot of work and planning goes into the sale of a company, and there are a _lot_ of safeguards to ensure such a
by judge2020 5y ago
> It sounds like a robbery, plain and simple.
A lot of work and planning goes into the sale of a company, and there are a _lot_ of safeguards to ensure such a sale isn't done in a way intended to "rob" a large amount of shareholders[0]. You don't really "own" a stock in the regular sense of ownership simply because of the absolute mass of laws and regulations that surround both what you can do with your shares and how much they're worth.
0: https://www.lw.com/thoughtLeadership/the-latham-and-watkins-take-private-guide-an-overview-of-acquiring-a-us-public-company https://www.lw.com/thoughtLeadership/the-latham-and-watkins-...