VirnetX Holding Corp (VHC): Apple can't "just buy VHC" because of th...

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Re: YfBtr post# 977

Wednesday, 04/02/2014 3:13:04 PM

Wednesday, April 02, 2014 3:13:04 PM

Apple can't "just buy VHC" because of the the capital structure.

A significant number of shares are controlled by the CEO. Also, based on protective provisions ("staggered Board of Directors" & "blank check preferred stock”), a hostile takeover would be extremely difficult.

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