Amarin Corp Plc (AMRN)

[irishpaddy]

Takeover rules

BB or anyone with over 10 % of shares can only prevent the taking of the company private (off the stockmarket).
An acquiring company can launch a bid and purchase the vast majority of a companies shares, leaving a +10% holder as a minority holder in a public quoted company.
Only when the acquiring company has purchased above 90% can they compulsorily purchase the rest and delist the company.