It looks like you may not understand how this works...
The old shareholders holding a controlling interest, often a relative massive controlling interest sell their shares outside the market. It may be possible for the old shareholders to elect the new board prior to the sale, but often it is the new controlling shareholders who elect a new Board of Directors, themselves, and then the new Board of Directors elect the new officers......again themselves. They may make changes later.
So, the old shareholders, the old controlling ones, often the insiders, do make the changes to allow for the new insiders to have control, by selling their shares.
The new controllers, often referred to as the new owners even though they don't own the floating shares, then take the company in the direction they wish.
Note; Not all idle corporations which are publicly traded, have the characteristics suitable for this kind of venture. The may have old liens, IRS problems, lawsuits, and other baggage which makes the company undesirable. Many corporate shells sold have been out of business for several years, or more.
That is why you seen interest in some old shells and the posts on such Boards as this speak of merger, buyout, or other terms suggesting a change in leadership and ownership of a controlling interest.
Enough teaching of this subject!
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