Quote:
Originally Posted by thenry
The old rules had meeting 30% would trigger a mandatory bid for all remaining shares at the price the single share cost that hit 30%. The offer wouldnt of had to be accepted by remaining shareholders but it was used, could have been used as a way to pile pressure on.
|
It still piles the pressure on, it might not hold any leverage these days but it's significance won't be lost on usmanov, Stan, the board or the fans