Quote:
Originally Posted by Quietude
The implications of this idiot are that weak companies have no right to exist and strong companies should... have some right to erase them.
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No company has a right to exist.
The only right a company has is the opportunity to exist.
And contrary to your false beliefs, companies do have a right to erase them.
Any entity can purchase stocks. Once I gain 51% of the stock in your company, I own you.
If I want to force you into bankruptcy, that's my right under US bankruptcy law. It's called an involuntary petition. Any creditor or majority shareholder has the right to force a company into Chapter 7 Bankruptcy whether it wants to or not.
If you don't like it, then run your company right and I won't be able to afford to buy your stocks.