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> For publicly held companies a larger company, or a billionaire, can buy out all shareholders at the current share price. That's not accurate, most shareholde
by hiq 4y ago
> For publicly held companies a larger company, or a billionaire, can buy out all shareholders at the current share price.
That's not accurate, most shareholders aren't selling at the current price (or this price would be lower), that's why buying another company means paying a premium over the current share price.
- anonymouskimmer 4y agoExactly. I didn't add the premium because it's beside the point I was making. It actually highlights how cryptocurrencies don't compare to companies.