Genuine question
Why are there complex rules like this for buyouts?
Why aren't you just allowed to buy on the open market and then place your people on the board once you have 51%
Then the free market will set the price that you pay, as people see the quantity of available shares remaining the price will rise without silly over the top bids.
Perhaps just some rule that you can buy out the remaining shares at the current price once you reach some 51-75% ownership.
Biting the hand that feeds IT
