The board doesn't have that power. If a majority of shareholders do not want to sell, they'll just replace the board if it tried such a thing.
In this case, the top 10 shareholders are almost 50% of the shareholders all by themselves, so this really comes down to what they decide to do.
The board doesn't have that power. If a majority of shareholders do not want to sell, they'll just replace the board if it tried such a thing.
In this case, the top 10 shareholders are almost 50% of the shareholders all by themselves, so this really comes down to what they decide to do.