News for hackers. Stuff that matters.
Re:Dole Food Had Too Many Shares by refurb on Friday February 17, 2017 @04:36PM (#13671905)
There are usually shareholder agreements in place that not every single shareholder has to agree to a acquisition. Otherwise, you'd never be able to acquire a company if just one shareholder, holding one unit of stock said "no".
Re:Dole Food Had Too Many Shares by ptaipale on Saturday February 18, 2017 @01:03PM (#13675822)
I think in most jurisdictions there is a law that enables a supermajority shareholder to take possession by a forced buy-out of remaining stock, at a "fair price". Thus a separate shareholder agreement is not necessarily required.