Someone bidding on my state corps (Kebir Blue)

Is it good that some CEO is bidding to buy my State Corps?

These 3 are ammo making corp with very low valuation ranging between 45B to 70B.

I tried to keep the cash in state corp high, now that someone is buying them how do I take back the cash I put into the corps?

If you prefer others not to bid on your state corp, send a msg to the CEO and inform them. Then nationalize the corps back.

I am thinking I can always build more.

Is this the same as having CEO's building new corps in your country?

What are the advantages and disadvantages to CEO bidding and buying my State Corps?

Well I found out the answer, CEO bidding for State Crops in your country is definitely a hostile act.

After the corp is sold in the auction, the corps does not stay in your country anymore, causing the country to lose revenue and higher unemployment.

bidding is an act of war. I have killed off fed.s over 1 or 2 bids.

I just received bids on 2 corps in my ceo. My ceo has over 800 corps and can't "BUILD" new ones. If the player hadn't been a noob with only secured mode, he'd have war decs by now.

I read in the Help section that through finance tab can take out cash and leaves a "debt" bomb for the bidder.

I thought there is a way to take out cash just like transfering cash from country to corp. But is that function no longer there? I can't find it and I have looked alot today.

You can, but I have 7 ceos, and bids go through in one day on LU.

a CEO buying state corps is exactly like if that CEO built them in your country. There is no difference except that when your corp is bought you are paid market value + a premium.

SimCEO, the CEO in question probably relocated the corporation after he bought it. Corporations are not automatically moved out after purchase.

If you do not wish people to purchase your state corporations, you can make them national corporations or you can disallow CEOs in your country's settings menu.

Illuminatus,

Thanks for the explanation, I am finding I get higher profit when a CEO buys and then keeps the corp in my slave country. and he can develop the corp to a higher state then a State corp can be developed into.

BTW, I have not start to play the CEO side of the game, If anyone wanting to quit an enterprise please let me know, so I can take over an existing CEO Enterprise rather then start from scratch.