US efforts in IR seriously wanting
Imagine a hostile takeover of a major company, conducted by a dawn raid in defiance of all stock exchange and SEC regulations. Then, without shareholders', board or trustees' votes, the takeover guys put in their own board, and announce they will decide in their own good time when to hold board elections. They will also continue to put the company's major contracts out to themselves, without tender - and no, they will not allow outsider auditors to see where the money is going.The new company
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