Reply to post: Re: Genuine question

Elon Musk needs more cash for Twitter buy after Tesla margin loan lapses

bazza Silver badge

Re: Genuine question

The rules are there to stop market abuse.

Here in the UK at least, a shareholder who builds up a big enough stake (>=90%?) is able to force acquisition of the remainder. This was used by the Glaser family to take complete ownership of Manchest United... I don't know what the rule says about "price" - it ought to be fair - but the minority shareholder(s) can be compelled.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon