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A owns 20 percent of T's stock, which ishighly appreciated. A does not want to sell.The remaining 80 percent of TS stock ispublicly held. X

image text in transcribed A owns 20 percent of T's stock, which ishighly appreciated. A does not want to sell.The remaining 80 percent of TS stock ispublicly held. X wants to acquire at least80% of T's stock for cash but knows it cannotget that much stock in a tender offer. How can A and X use ยง351t0 cash out thepublic and satisfy A's desires? Why does A not want to sell?

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