This is an ineteresting senario.The two major shareholder...

  1. 1,623 Posts.
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    This is an ineteresting senario.

    The two major shareholder support the increase in PACT/Benamon's position so its a done deal.

    What is teh benefit of a company if the three major shareholders hold greater than 72%.

    PACT would have no interest in selling and the other two major shareholders couldn't sell to anyone other than PACT.

    This is a classic stalemate!

    Have a look at what NCI has doen with PACT/Benamon sitting on the registry at 12% for numerous years. It's gone absoluetly nowhere!
 
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