InvestorsHub Logo

feistyshark

04/06/13 9:24 PM

#31025 RE: xlt leader #31024

Doesn't the acquiring company have two weeks to file once they hit the 5% threshold? Vringo only has 82.5 million shares outstanding with a public float of 68.25 million shares. Hypothetically Google could quickly accumulate an additional 40 million shares in those two weeks and have a majority ownership in Vringo! What are Vringo's current antitakeover provisions if any?