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Post# of 234042
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trader59

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Re: MikeKnowsRunners post# 143885

Monday, 12/10/2018 11:28:15 PM

Monday, December 10, 2018 11:28:15 PM

Post# of 234042
No, sorry, it isn't the smart thing to do. 2/3's of the A/S are issued to other people. 2/3's of the "value" of the "merged" company are in the hands of the shareholders of the shell pre-merger. Sure, they can raise the A/S or do a R/S and make gobs more shares, but that wouldn't be popular, either.

What was the latest big IPO done by a reasonably big company? Why didn't they just find a shell to merge into?
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