Thanks for sharing
but his reply gives me no comfort
"Inthe IWAC case that amounts to US$ 300million plus. For IWAC to acquireWFL, WFL would have to be a private company (not public) and have a minimum EVof US$ 300Million. The suggestion by some shareholders that WFL could be boughtby IWAC is pure fantasy which lacks a simple economic understanding of howpublic companies operate."
A public company can transition to private ownership when a buyer acquires the majority of it shares
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