Legal Question in Business Law in Illinois
The company I work for is a publicly traded company, however 70% is owned by one corporation. This company has just announced it wishes to buy the remaining stocks. Why would a company want to do this?
It went public in 1998 for $18.00/share and shares went as high as <$40.00. At this time they are offering >$10.00 per share.
Asked on 12/29/09, 5:57 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
This really is not a legal question. You may wish to submit it to an investors forum.
Answered on 1/04/10, 4:17 am
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