Can one company buy all the stock of another?
December 15, 2006 5:57 PM Subscribe
How can one company buy all the stock of another public company?
posted by sideshow to Work & Money (8 answers total)
Yesterday my huge company bought another company for $150 million which came out to something like $18 a share. This newly bought company is now a "fully owned subsidiary" of my company.
Does my company really own every piece of stock? What if someone was holding out for $20 and when the buyout happened they said "F--- you" and kept their stock?