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LochFarquar t1_iu493rn wrote

Reply to comment by Fred2718 in ELI5 How can a public company become private? by hellothere564738

"Drag along" rights are a thing, but that's no what's going on in a public company going private transaction. These transactions are completed by merger, which does not require consent of all the parties.

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Fred2718 t1_iu4ykzg wrote

Correct. I just quick-posted without thinking about the difference between seed investment and public.

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