Nobody is ever forced to do anything these days... look at when this whole GME thing started. Peoples shares were being liquidated against their will at major losses because Citadel came on TV and was literally crying about what’s going on. Then we saw that everyone other than us retail investors sided with Citadel
A firm like this would most likely file bankruptcy and restructure before you received anything near a ridiculous asking price, although some may get lucky
Except in this scenario, Citadel is forced to buy. If it goes to a million, they must cover and have to pay the million.
It would be more beneficial for GameStop to not work out a deal, but who knows?
Nobody is ever forced to do anything these days... look at when this whole GME thing started. Peoples shares were being liquidated against their will at major losses because Citadel came on TV and was literally crying about what’s going on. Then we saw that everyone other than us retail investors sided with Citadel
A firm like this would most likely file bankruptcy and restructure before you received anything near a ridiculous asking price, although some may get lucky