So there’s two things. There’s buying some low percentage stocks on an exchange, when you do that then you go through a broker and buy at the market price. You can also make an offer for the entire company. When you do that, you put together a formalized offer, offering a premium over the share. So if the stock is $100, you’ll have to offer somewhere like $110 or more. Then the shareholders vote to accept the offer.
If the shareholders vote to approve, then ALL shares are bought. Even if you vote no, if you get outvoted, and you will one day go into your brokerage account to see the stock gone and money there.
So there’s two things. There’s buying some low percentage stocks on an exchange, when you do that then you go through a broker and buy at the market price. You can also make an offer for the entire company. When you do that, you put together a formalized offer, offering a premium over the share. So if the stock is $100, you’ll have to offer somewhere like $110 or more. Then the shareholders vote to accept the offer.
If the shareholders vote to approve, then ALL shares are bought. Even if you vote no, if you get outvoted, and you will one day go into your brokerage account to see the stock gone and money there.
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