From: Ronald Raygun
Subject: Re: Private Company Shareholder Q
Newsgroups: uk.finance
Date: Mon, 13 Nov 2006 12:43:39 GMT
Tiddy Ogg wrote:
> He's the owner of a quarter of the business, therefore should get a
> quarter of the value, ie 250k.
> But if no-one among the others wants to pay this much, and he can't
> flog it to anyone else, he'll either have to hang on to the share or
> accept what anyone offers.
Quite, and it's as well to note that "he can't flog it to anyone else"
might not only mean that he can't find an interested buyer, but it
could mean that the rules of the company prevent him from selling the
shares to someone else without the approval of the other shareholders.
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