Your English writing platform
Discover LudwigExact(2)
The Loach of Cathy Come Home and Kes immediately found a story he could relate to: the club was in a struggle to save its ground from property developers, and a group of supporters including Loach raised £250,000 to buy the principal shareholder out.
Panasonic could still cobble together a controlling stake, but with the major shareholder out of the negotiating room, the road will be more difficult.
Similar(54)
"The Hershey trust has been incredibly adamant about giving control that it would cut British shareholders out," he said.
MLGV subsequently purchased all the remaining shares and took MLGL private in 1998, after acquiring more than the 90% of stock necessary to force objecting shareholders out, and MLGL and MLGV amalgamated.
One shareholder moved out about two years ago without leaving any forwarding address.
And in the small-cap realm, if one big shareholder bails out, the stock will take an outsized beating.
The shareholder pointed out that returns were "a bit disappointing" following Starbucks' vocal support of same-sex marriage and LGBT rights.
Shareholders lose out, but that's capitalism.
But one group of shareholders came out ahead -- management.
Shareholders took out loans of about $300 million, some far in excess of the limits.
The board will write to shareholders setting out their detailed reasons for rejecting the approach.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com