GREY:ZEDIF - Post by User
Comment by
malx1on Feb 14, 2014 7:32pm
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Post# 22212873
RE:I VOTED NO
RE:I VOTED NO
No, the acquirer cannot vote their own shares. Deal needs "unaffiliated shareholder approval", meaning non-management votes.
Conversely, management teams sometimes take their co's private to protect the co from future hostile takeovers.
Ideally, you would want to speak with management about the proposal.