Quote:
Originally Posted by ladida
This makes sense. Majority shareholder owns company worth 600m+, sells to management for 300m. 
So now when that's not true he either
a) publicly made false announcement, and made contract with the management to lead the company while he still owns it
b) was never the majority shareholder |
Or owed 300m still to the Wall Street firm that funded his moves? Or value has dropped for a quick sale. Your own math puts him at 50% owner.