D
Dominik
All worlds
10 Feb 2016 23:19Link
Hi everyone,
Whenever a CEO wants to take over a state-owned enterprise completely (before IPO), he has to bid on it. At this moment, both the CEO and and the country have to wait till the bidding period ends.
However, if the country agrees to the takeover, there should be an accept option available, so that the CEO can take over the corporation. Otherwise, the market value of the corporation can go up before the bidding period ends, and the CEO cannot take over the corporation (thence, the country won't be able to sell the corporation). So, there should be an option available to accept a bid by a CEO and to sell corporations.
What do you think?
Kind regards,
Dominik
Whenever a CEO wants to take over a state-owned enterprise completely (before IPO), he has to bid on it. At this moment, both the CEO and and the country have to wait till the bidding period ends.
However, if the country agrees to the takeover, there should be an accept option available, so that the CEO can take over the corporation. Otherwise, the market value of the corporation can go up before the bidding period ends, and the CEO cannot take over the corporation (thence, the country won't be able to sell the corporation). So, there should be an option available to accept a bid by a CEO and to sell corporations.
What do you think?
Kind regards,
Dominik