GREY:YOURF - Post by User
Post by
nozzpackon Oct 04, 2021 7:55pm
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Post# 33965071
Majority of Minority Shareholder
Majority of Minority ShareholderLet's say that insiders holding 45% want to take the company private .
The rules are that this must be placed to a proxy vote in which they must get the majority of the non insider 55% votes.
Common shareholders do have rights that protect them from predatory management