Re:Amazon to Acquire Whole Foods for $13.7B
by drtz on Friday June 16, 2017 @05:41PM
(#14572849)
The cash itself is owned by the shareholders.
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Re:Amazon to Acquire Whole Foods for $13.7B
by dragonwriter on Friday June 16, 2017 @05:45PM
(#14572874)
No, the cash is owned by the corporation. The shareholders own the right to participate in corporate governance in the degree appropriate to the particular shares they own, and own the right to take ownership of a particular share of the net assets if and when the corporation should be dissolved.
They do not, either in theory or in practice, own the assets of the corporation while it exists.