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Does this mean that Google may be able to acquire the company for less money on the public markets if they just wait a bit?
by basementcat 2y ago
Does this mean that Google may be able to acquire the company for less money on the public markets if they just wait a bit?
- MenhirMike 2y agoDepends on how much of the stock is actually available to purchase. If the owners of the company keep 51% (or 50% + 1 share? Whatever it is), then no.
- dilyevsky 2y agoThe board has a fiduciary duty to consider a reasonable offer irrespective of what the float is