1. In the case of property companies and investment trusts the undertaking should refer to an increase in asset value per share for the remaining shareholders.
2. If it did happen, the fund would be required to distribute capital gains generated by these sales to the remaining shareholders.
3. Myron Fuller said he considered buying out the interests of the remaining shareholders, but could not afford it, so he agreed to a sale.
4. Pinnacle said it will now seek legal approval to compel remaining HCO shareholders to sell it their shares.
5. Shareholders win because as the number of outstanding shares are reduced, remaining shareholders wind up with a bigger stake in the company.
6. That forced him to sell stocks, many at a profit, resulting in capital gains on which the remaining shareholders had to pay unexpected taxes.
7. That would leave the remaining shareholders in control.
8. The company said it will exercise its right to require remaining shareholders to sell their Seeboard stock.
9. The co-op board appealed to the courts, maintaining that this placed an unfair financial burden on the remaining shareholders who had no need for such amenities.
10. The entire building fell into default when Bankers Federal Savings Bank, which held the first mortgage, foreclosed on the FDIC and the remaining shareholders.