Saturday 28 March 2015

What is friendly procurement?

What is friendly procurement?
Procurement is another word for "buying". The phrase "friendly procurement" is used when someone buys a lot of shares in a company. If you have more than half the shares, you can decide what the company should do. In a friendly procurement, the the other big share holders don't mind what's happening. There are hostile procurements too. That's when the other big shareholders don't want anyone else in a position of power, but can't prevent the shares from being sold.

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