Replies to post #792133 on NorthWest Biotherapeutics Inc (NWBO)

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Short of being able to blackmail Ms. Powers and force her to acquiesce for other than financial reasons, no BP can force a ‘dirt cheap’ sale or do a hostile takeover.

A hostile takeover is when the BOD decides to not accept an offer and the buyer presents the deal direct to shareholders. It would up to shareholders to either accept or decline to tender their shares.

LP cannot block the offer.

The decision presented to shareholders would be to tender shares for $5 (hypothetical price). If enough are tendered, the buyout happens.