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by johannes1234321 2947 days ago
Reality as well is that independently from the amount of shares they buy, can only have 20% of the votes and the German state of Lower Saxony (Niedersachsen) will always have 20.2% by law. https://en.m.wikipedia.org/wiki/Volkswagen_Act

Also: Independent from current market value and imagining the law wouldn't exist they'd still have to pay quite a surplus on the market value and then have major trouble in handling a company of that size.

(Edit: oh I missed that the law has been changed since the Porsche takeover story ...)

1 comments

Ok once :)