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by rtpg
3444 days ago
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the part I don't get here: What's the legal framework for allowing Zuckerberg to force a sale? Let's say 20 people own parts of the house in front of yours. It's confusing, so you whine a lot, and suddenly a public auction is triggered? At the very least, he must understand that he is _not_ the owner, so everything else is kinda moot right? EDIT: seems like he bought out certain percentages of ownership on these parcels, and there's a law that can help to force a sale when the ownership gets too confusing. Seems like the sort of law for billionaires wanting to have their own private beach. |
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Having this law makes sense, because as ownership gets more diluted you would never be able to get everyone to agree on anything.