But I think that purchasing entity can only purcha
Post# of 153815
(Total Views: 627)
Posted On: 07/24/2022 3:48:51 PM
Quote:
But I think that purchasing entity can only purchase 4.99% legally prior to an announcement/ call for a vote right?
Someone can buy any amount of shares they wish. However if they exceed 15% of the total amount of stock they are blocked from voting on any acquisition, merger or buyout for three years after they acquired 15% or more.
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