Here’s the facts about a stinky pink RM: They’re all fairy tales. Either the business “merging” is failing or isn’t real at all, constructed merely to sell stock.
No legitimate business with revenue, assets, profit, is going to RM into a stinky pink shell as the results would be to hand over their equity ownership to the bagholders of that shell company. The common stock already issued and outstanding in the hands of the bagholders become shares of ownership, and anybody that thinks a multi-billion dollar company with private investors and owners is going to do that needs to pull their money from the stock market and find some nice CD’s to invest in.
It is not cheaper than an IPO to give your company away to bagholders. That would be monumentally stupid.
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