"OlBlueEyes" wrote in message
...
"Doug Kanter" wrote in
:

Anyway, Chrysler had to APPROVE its acquisition by Daimler-Benz. And
even so-called "hostile" takeovers are so named only because the
buyer is bypassing negotiations with the management of the company
being bought - the buyer still has to buy shares on the open market
from the current shareholders, and if enough refuse to sell, the
takeover attempt fails.

You're stuck on the idea of public companies.

Privately-held companies are no different. The OWNERS MUST AGREE TO SELL.

From an interview a
couple of years back with some broadcasting consultant: In smaller
markets, many of the companies bought up by Clear Channel are
privately held. They're run by employees, and the third generation of
family just sits in the background because they inherited it and
aren't much interested in the business. They wait for a buyer to come
along, and there goes the radio station.

So you want to prohibit those third-generation station owners from doing
with THEIR OWN ASSETS what they wish? Well, I guess since you probably
favor extending the death tax, you DO. Only that will ACCELERATE the
process of small businesses being forced to sell out to big ones. Lemme
guess, when that manufactured "crisis" reaches critical mass, you want the
GOVERNMENT to decide who can or cannot buy certain "assets that serve the
public interest" such as radio stations, so that Al Franken and his crowd
can buy stations either below market value, or with taxpayer subsidies.

Interesting conclusions. ROFL!