Submitted by No_Low_2541 t3_10o0zik in wallstreetbets
No_Low_2541 OP t1_j6c3g4l wrote
Reply to comment by twinkletwinkle89 in A theory of how PIF wanted to play LCID acquisition - but was sabotaged by No_Low_2541
I don’t think they can do that without having a vote.. and in that vote, only the non-PIF shareholders get to vote. Otherwise the majority owner get to do whatever they want - even buying out all the remaining shares for $0.0001.
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