OTCPK:GBGPF - Post by User
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BOWDBOWDon Mar 25, 2018 11:20pm
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Post# 27779335
Very important part, tomm morning be prepared to a halt, imo
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.