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Think you're confusing resolutions that may need to be voted on...

  1. 998 Posts.
    lightbulb Created with Sketch. 563
    Think you're confusing resolutions that may need to be voted on in a company meeting, vs an external party putting another offer to takeover the company.

    SVM have can have veto power in company resolutions in the way you mentioned, but they won't be able to do that when a better offer comes along.

    That would be crazy and blatantly cheating if they could do it. Then any company could just go out and lowball buyout another company by purchasing 10% of the stock.

    They own 15% and that's it, not 100%.

 
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