Originally Posted by
Buck Rogers
I'm not a finance guy, but I have a real question. If the Delta shares outstanding is roughly 650M and Delt stock sells for $20/share, could somebody buy 51% of those shares for about 6.5 B $$, then vote to liquidate the company cause they have controlling intrest? They spend 6.5B for 15B cash and all the assets? Other than legal ramifications, is that correct?
Something like that would have to be approved by the BOD.