InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,633.91
(
1.02%
)
US TECH 100
20,107.60
(
0.99%
)
Dow Jones
39,721.36
(
1.09%
)
Brent Oil
85.39
(
0.39%
)
Bitcoin
57,830.37
(
0.13%
)
Post# of 30846
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Cosmic Chi

Send PM Follow Ignore
Followers 15
Posts 428
Boards Moderated 0
Alias Born 10/03/2013

Cosmic Chi

Re: None

Monday, 07/18/2016 12:51:24 PM

Monday, July 18, 2016 12:51:24 PM

Post# of 30846
Can someone enlighten me please....

Been in IFCR for quite while and intend to stay here but I'm trying to get my head around the whole acquisition thing.

If IFCR acquires another company (for a cash payment and share issue) then technically it owns that company so I don't understand how that company can then refuse to make the books available to the auditors if the parent company instructs them to do so.

Anyone help me out here???
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up