Bullboard - Stock Discussion Forum GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation... see more

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GB Group Ord Shs > Very important part, tomm morning be prepared to a halt, imo

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Post by BOWDBOWD on Mar 25, 2018 11:20pm

Very important part, tomm morning be prepared to a halt, imo

If a buyer acquires less than 100% (but generally at least 90%) of a target company's outstanding stock, it may be able to use a short-form merger to acquire the remaining minority interests. The merger allows the buyer to acquire those interests without a stockholder vote, thereby purchasing all of the target company's stock. This merger process occurs after the stock sale closes, and is not a negotiated transaction.

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