No 1. Who actually elects a Company’s BoD? I know it’s shareholders, but I also know that most of hareholders cannot oversee company’s day to day operations and own nothing other than its profits. So how the process goes? If I own shares of a Company, how can I vote ?
No 2. If I have enough money to buy 75℅ of total shares of a Company, how to approach a company regarding the same? Assume that the company is willing to sell.
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If you own shares of a company, you’re registered in their list of shareholders. They send you a ballot ahead of every annual meeting with the stuff that needs voting, including BoD members.
If you want to buy the company and they’re public you don’t have to approach them, you just buy their shares on the stock market (from other shareholders). If they’re not public then you need to have your lawyers talk to the owners’ lawyers.
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