Originally Posted by
rballan
A normal change of control premium for a publicly traded company is 25-30%.
Also, for those talking about only buying 51%, please google the term "squeeze out". In a tender offer, you are typically required to buy out all stockholders.
Cheers - Rob.
Thank you,
I wasn't aware of this. An LBO or take-private requires total purchase. Which, btw, the board can authorize on behalf of shareholders for a fair price followed by liquidation and delisting, no?