Even if a company is profitable, depending on voting interest and board control the investors may be able to force a sale.
True. Assuming there are buyers. And I'm not sure why buyers would pay more than value.
In other words, the sale wouldn't really achieve anything other than lock in the capital write-off. The return would be trivially small.
alt Hacker News
True. Assuming there are buyers. And I'm not sure why buyers would pay more than value.
In other words, the sale wouldn't really achieve anything other than lock in the capital write-off. The return would be trivially small.