I really don't know the details of the negotiation Mr. Wizard. However, this may happen very easily and has happened with a lot of companies. Companies on the big boards usually get the shareholder vote for a move like this. Pink stocks don't have to.
Nowhere is there a pure creation or production of power
without a corresponding exhaustion of something
to supply it.
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Michael Faraday, Chemist and Physicist, 1840.