Forbid sales of shares by subsidiaries?
Posted: Sat Jan 17, 2015 1:25 am
Often what happens when you want to use a subsidiary (A) to takeover another company (B) is that company B tries to buy back its shares from your subsidiary A by offering an above market price value, which the CEO of subsidiary A accepts. This happens even when you used subsidiary A to offer up to 4x the market value to buy from company B. (And then it resells it for only 1.5x market value netting a crazy loss amount).