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2007-04-25 14:32:07 · 6 answers · asked by Dodgerblue 5 in Business & Finance Corporations

think about how michael glazer took the manchester united private in 2005.

2007-04-25 14:40:23 · update #1

6 answers

You would have to start accumulating the stock of the public company. At some point, when you cross a threshold percentage of stock, you would have to declare your intent to acquire the company.

Commonsense says that the stock price would go up because a buyer is looking to accumulate the outstanding shares. This much I am sure.

I believe you would then have to accumulate enough stock to have a majority and then get shareholder approval at a meeting to buy the remaining shares (at a premium - to keep them happy and get their approval) and then actually buy those shares at the said premium.

Then the company would be yours to take it private. You might want to see how private equity companies like KKR and Blackstone are doing this to public companies. That would explain the process.

Hope this helps.

2007-04-25 14:43:55 · answer #1 · answered by thesapguru 1 · 2 0

You will need to go thru a board meeting and announce your decision on the take-over. You need atleast 51% of shares to take control. Once in controlled, you may buy all the shares that are available in the exchange and convert the company into a private limited company.

2007-04-25 14:43:04 · answer #2 · answered by SGElite 7 · 1 0

Buy up all the outstanding shares .
If you don't own the shares , then it won't be private ,
Or at least your private .

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2007-04-25 15:08:58 · answer #3 · answered by kate 7 · 0 0

Offer the same pay and bennifits to its employees as they were getting when it was public.

2007-04-25 14:35:06 · answer #4 · answered by Kellie 5 · 0 1

how bout you just DONT go all terrorist on us, ok? thats a weird question, do you need help?

2007-04-25 14:36:38 · answer #5 · answered by lissa99a 3 · 0 0

buy ALL the shares

2007-04-25 14:35:32 · answer #6 · answered by Hootie J 5 · 1 0

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