Originally Posted by
tom11011
I don't see how that would be possible. He's largest shareholder but that's only about 12%. He would have to purchase the entire company, take it private, then liquidate it.
Yes, he'd need to own all of it to do something like that. Any other shareholders (even minority) would have a thing or two to say about intentionally winding down a company, unless it could be shown that provided the best ROI.