anyone know what is the percentage that HL hold, then they can impose compulsory acqisition? or is there such rule? I remember, however I might be wrong, that some one mention 90% ownership. In the current market situation, it helps HL to acquire as much as they can below their bidding price, the more they can acquire below their bidding price, the higher the price they can more possible afford to (of course not necessary they willl), pay for the residual shares who is holding them firm. Therefore if they will or not,the critical condition is, is there such rule that gives them power to compusory acquire residual holding of shares once they holding centain percentage of ownership of the company. If there is such rule, what is the percentage? Can anyone comment on this?
SDL Price at posting:
43.5¢ Sentiment: None Disclosure: Held