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In a further complication, the Luxembourg-based investors have launched a legal challenge to the forced purchase.
This allows for forced purchase of property for public use, such as building roads or aqueducts (or, most famously, the railways).
The forced purchase of land or private property by a council for a greater public good such as a regeneration scheme.
So why the outrage against Argentina's decision to take – through a forced purchase – a controlling interest in what for most of the enterprise's history was the national oil company?
This is a type of forced purchase that occurs when pessimistic investors who had sold short -- selling shares they did not own in hopes of buying them back later at lower prices -- see these shares rise in value.
They think it is too expensive, will involve the forced purchase of too much private property and will demolish too much of the territory's heritage.The same may be true of the rest of the epic project to expand China's rail network by nearly 19,000 miles by 2015, 8,000 of which will be tracks for high-speed trains.
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The network of pipelines and compressors needed to pump the gas are a major infrastructure project, requiring forced purchases of land.
In the early years of aviation it was nearly impossible to build an aeroplane in America because of the number of different patent-holders involved, writes Michael Heller in his book, "The Gridlock Economy".Economists and legal scholars have justified forced purchases when the transaction costs of stitching together many small properties are too high for a deal to be reached by consensus.
Other desperate measures included pawning land, forcing purchases of salt, and readmitting exiles for a fee.
The move will mean Kroenke will control more than 90% of the shares in Arsenal, allowing the owner of the NFL's Los Angeles Rams to force-purchase the remaining shares in the club and take it off the London Stock Exchange.
Being included on major indices can boost demand for a company's stock, as it forces purchases by index funds, which draw significant investment from individual investors and retirement plans.
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