• M500@lemmy.ml
    link
    fedilink
    English
    arrow-up
    1
    ·
    8 months ago

    Since it’s a private company, they can’t perform a hostile takeover. There are no shares to buy.

    • phx@lemmy.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      8 months ago

      Actually, private companies can still have shares - they’re just not listed through a public stock markets - and the transfer of such generally need to be approved by the company.