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... the company failed to control more than 51% of the shares, it meant that they were unable to control the firm. If someone tried to pull a hostile takeover and started buying out a company’s shares, when they became the largest shareholder, then the company would automatically become their property.


Wang Leitian’s original scheme was also quite scummy. He wanted to shift away the company’s assets, leaving an empty shell company for the shareholders. Unfortunately, out of his expectation ...

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