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He cares because his 96% interest is non-voting. I'd be interested in knowing how this works in a legal framework, and if his shareholders have any legitimate
by cosmie 13y ago
He cares because his 96% interest is non-voting.
I'd be interested in knowing how this works in a legal framework, and if his shareholders have any legitimate legal recourse if he decides to ignore them.
- chasing 13y agoAch. I missed that bit. I'll stand by the rest of my comment, though...
- cosmie 13y agoI stand by the rest of your comment as well. I personally believe it's a stupidly short-sighted endeavor that at some point he will want out of, but to each his own. My comment on the legality of it stemmed from curiosity on what would be necessary to "take himself private" at some point.