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#4115
Gets Weekends Off
Joined: Dec 2007
Posts: 593
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That was a spoof, on April Fools Day, Hulas would never let one of his cash cows go...
#4116
Gets Weekends Off
Joined: Jun 2010
Posts: 906
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From: Just another RJ guy
#4117
Gets Weekends Off
Joined: Dec 2011
Posts: 146
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Sure they can. They just need stockholder approval for a large purchase just like any other corporation, per their corporate by-laws of course. In this case, there is only 1 stockholder. Just because they're wholly owned, doesn't prevent them from making a purchase.
#4118
Gets Weekends Off
Joined: Dec 2007
Posts: 593
Likes: 0
Sure they can. They just need stockholder approval for a large purchase just like any other corporation, per their corporate by-laws of course. In this case, there is only 1 stockholder. Just because they're wholly owned, doesn't prevent them from making a purchase.
#4119
Gets Weekends Off
Joined: Dec 2011
Posts: 146
Likes: 0
Also, I did say they only had 1 stockholder.
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