3 ms·
Transfer restrictions need to buy the stock at the offered price. If I have a good faith buyer willing to pay $200 per share, the company should offer $200. I
by danielweber 12y ago
Transfer restrictions need to buy the stock at the offered price. If I have a good faith buyer willing to pay $200 per share, the company should offer $200.
I was a start-up where the board just decided to be as difficult as possible, just to be difficult, and said, "you will need to hire an auditor to review the books to come up with an accurate market value, and we will not cooperate with the auditor", not in those exact words. Which of course completely breaks the books of a minority shareholder in a moderately successful company.