EA To Take Two: Up Yours, Buddy

[Arbre]

But surely that can't work if the shareholder is the manager and/or don't want to sell it, right?

Correct, but you don't see "hostile takeovers" of privately held companies, which is the type you're describing. TT is publicly held, which means that shares are available on the stock market and shareholders can sell their shares to whomever they wish. A successful hostile bid can buy enough of these free-range shares (and votes) to win a stockholder's vote on whether to sell out or not, if I understand it correctly.

-- Steve

I don't see what would prevent private holdings from failing to the golden siren if a big shiny bill was agited in front of the nose of private shareholders. It's just that it would happen behind the scenes. The principle would be the same.