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YogInvest

10/25/14 8:38 PM

#66942 RE: MarkHart66 #66932

I do not know the exact numbers but if someone acquires enough shares (a 51% majority at the very least) they can "force" a buyout and every shareholder of the company would receive cash (or shares of the buyer in the case of a share swap) even if they did not agree with the buyout in the first place. Usually, this is done at a premium in comparison with the market price. In the case of EPGL, the management already said many times that they would not agree to sell their shares anywhere near the current pps.