hi, anyone can answer me this question : British billionaire Jim Ratcliffe bought at 33 dollars per share, why he didnt want to purchase at matket which is 19?
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LimJeremy
:
Few things to consider, if he is buying 25% of Class B shares from the Glazers @ $33 . He has to bid at the same price for the Class A shares . If not, he can be sued by a lot of shareholders.
And also supply and demand , do you think the price will always remain that low for him to buy 25% of Class A shares?
LimJeremy : Few things to consider, if he is buying 25% of Class B shares from the Glazers @ $33 . He has to bid at the same price for the Class A shares . If not, he can be sued by a lot of shareholders.
And also supply and demand , do you think the price will always remain that low for him to buy 25% of Class A shares?