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Re: LCJR post# 61915

Sunday, 07/10/2016 1:49:24 PM

Sunday, July 10, 2016 1:49:24 PM

Post# of 235079
It doesn't have to be over 51%. Only 51%. Activist investors do this sort of thing then exercise their power at stockholder meetings. Greenmail as it is known takes place. However, the preferred shares that another poster brought to our attention makes this a moot point.