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Re: jimtash post# 21556

Wednesday, 10/26/2022 12:22:37 PM

Wednesday, October 26, 2022 12:22:37 PM

Post# of 34802
Sure. The private company purchases the shell outright. They don’t go into the market and buy 51% of the shares to become the owners. If a company wanted to do a hostile takeover of a public company, that’s how it would be done. Purchasing shares on the open market to become a majority shareholder.
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