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  • CCPT III: To Sell Or Not To Sell [View article]
    Hello Philipsonh!

    Thanks for reading my article, and thanks much for the very thoughtful comments.

    Regarding your observations surrounding a shareholders vote, my comment was directed, primarily, at the principal shareholder, Mr. Cole. Given that he, indirectly, owns, 100% of the company’s voting interests, other shareholders are not necessarily entitled to a vote (i.e. unless there is some type of provision in the company’s articles).

    Since legal battles often produce very negative outcomes, it would certainly behoove all interested parties to come to some type of agreement, rather than allowing the matter to reach the courts.

    Best wishes,
    Apr 2, 2013. 03:42 PM | 3 Likes Like |Link to Comment
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