Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: How does one buy a publicly held company? Seems to me

How does one buy a publicly held company? Seems to me

posted on Dec 10, 2007 06:25AM
that would require the purchase of a lot of PTSC stock that may or may not be available for purchase. There is nothing to say that NEC, or any other company for that matter, could not obtain a majority of the shares and by virtue of being a majority shareholder have control of PTSC. That would not, however, give them any say as to whether or not TPL through Allianse pursued legal action. Allianse could still sue NEC, a majority share holder, on behalf of the MMP. That would be interesting to watch but a very unlikely scenario in my view. We would also know if any entity was trying to obtain a majority interest I believe. I am open to discussion/correction on this but I believe any shareholding entity with more than 9.99% of the shares is required to report such holdings to the SEC.
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