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  • northertech@fedia.io
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    5 days ago

    There is a law that regulates how you can sell your stake in a company if you have a large quantity. So people could not just get up one morning and sell all of their shares, which would crash the company. That concept is similar and probably related to outright shutting down a subsidiary like large corporations have been doing in the gaming industry.

    • paultimate14@lemmy.world
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      5 days ago

      You’re talking about public trading on the stock market. That is not how mergers sns acquisitions work. Private equity firms buy and sell companies regularly. Sometimes there is oversight for things like anti-trust compliance.