Replies to post #19038 on GTC Biotherapeutics (fka GTCB)

[croumagnon]

I was pointing out that LFB can't make any offer they like and force GTCB shareholders to accept. LFB can make any offer they like but GTCB shareholders would have to vote on it.

I am not sure what the legalities are when LFB owns more than 50% of the shares. Can they vote their shares for any deal they propose? or are they forbidden from doing so if they are the party making the offer?

You are posting as if LFB is going to destroy GTCB when they stand to profit sooner by making it work. I would bet LFB can do a far better job making the latter happen than current GTCB management.

That is what I am betting on, and I agree with you here 100%. It is in LFB's interest to promote GTCB and increase shareholder value, and I suspect this is what they will do...