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Chapter 426
Lauren explained, "But according to corporate bylaws, shareholders with higher stakes have more authority and priority than you. Since Michael is both CEO and has more shares than you, he technically can take legal action.""I see," Andrew nodded. "So if I had more shares than Michael and Mr. Hills, I could overrule them?""That's true, but even if we combined our shares, we still wouldn't match them," Lauren replied. "This is getting complicated—maybe we should call Mr. Yates for help."A
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Its RavikeI was going to say what Fabio said. In all probability Andrew would be the largest shareholder. However a takeover of this magnitude cannot be done in a few seconds. It is highly unlikely that so many shares will be available at such short notice.
Fabio35% shares makes Andrew the second shareholder not the fifth. How can he be the fifth? What percentages of shares would the four shareholders before him? It doesn’t tie up.
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