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re: EXXI - hitting new lows everyday

Posted on 9/10/14 at 6:04 pm to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 9/10/14 at 6:04 pm to
How does a company force a stockholder to sell when the stockholder no longer works for the company?

If they sold because they needed the money when they lost their job, I understand it.

But "forced to sell" after they resigned? I don't understand how that works.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 9/10/14 at 6:23 pm to
It's tied to a tender offer, incorporated in the employment agreement or resignation agreement.
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