Question: Transferring ownership to company?
Posted: Tue Feb 07, 2017 3:49 am
In my current game I had my CEO buying up 80% of a certain public company.
I realized that despite my company is privately own by my CEO (private company, never went for IPO),
I cannot transfer the ownership to my company nor control that company as a subsidiary, nor "buying out" the rest of the 20% owned by the original founder.
I am fully aware of these rules:
1. My company cannot buy stocks of any other companies my CEO have shares of
2. My CEO technically isn't my company if we view Private Companies as LLCs like public companies
So I tried selling off the shares owned by my CEO and buying it back with my company.
Thing problem is even though I paused the game (set speed to zero),
some investor company (who is also a private company) manages to snatch the public shares before I could.
Is there any way I can transfer the ownership to from my CEO to my Company?
Or in some way control this 80%-owned company?
Edit: I see that something similar to this is asked by someone else: http://www.capitalismlab.com/forum/view ... 393#p18382
Can we at least have the option of either:
1) Transfer or sell all stocks at market price to the company,
2) Subsidiary-like control on the company acquired with player account, or
3) Ability to prevent AI players from buying stocks when the game is paused
I realized that despite my company is privately own by my CEO (private company, never went for IPO),
I cannot transfer the ownership to my company nor control that company as a subsidiary, nor "buying out" the rest of the 20% owned by the original founder.
I am fully aware of these rules:
1. My company cannot buy stocks of any other companies my CEO have shares of
2. My CEO technically isn't my company if we view Private Companies as LLCs like public companies
So I tried selling off the shares owned by my CEO and buying it back with my company.
Thing problem is even though I paused the game (set speed to zero),
some investor company (who is also a private company) manages to snatch the public shares before I could.
Is there any way I can transfer the ownership to from my CEO to my Company?
Or in some way control this 80%-owned company?
Edit: I see that something similar to this is asked by someone else: http://www.capitalismlab.com/forum/view ... 393#p18382
Can we at least have the option of either:
1) Transfer or sell all stocks at market price to the company,
2) Subsidiary-like control on the company acquired with player account, or
3) Ability to prevent AI players from buying stocks when the game is paused