InvestorsHub Logo
Followers 350
Posts 21356
Boards Moderated 4
Alias Born 02/08/2011

Re: jimtash post# 21556

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

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

Post# of 34788
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.