i mistyped....he wouldn't end up with 100% of the company. he may end up with 90% though. the 21 mil he kicks in would in large part be used in the odd lot buyout. he would not be buying any stock personally and the company would be pay the buyout at market (not depressed) prices. the other major shareholders would still own their portion. so the judgements you cite wouldn't necessarily apply.
so, he wouldn't end up with 100% of 130 mil, just 90% maybe, and the other major shareholders woud still get 10%. they wouldn't lose any position in the sharecount that they hadn't already given away.
these are round numbers for example illustration only.
"The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
(Alexis De Tocqueville)
