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Genuine question for the business people here. Would it have been possible to say no to this sale? If I remember correctly, publicly traded companies have to do certain things for their shareholders but I would assume you could essentially say no of you had reservations about the sale for ethical/financial reasons right?
I am not sure if Dominion is publicly traded but I have to wonder about this sale given the lawsuits they went through and won as well as the pending ones.
The FCC and FTC have blocked acquisitions before.
But they're not exactly bipartisan right now afaik
I know it wasn't public the last time I checked.
So it was just looking for a payout or to avoid governmental pressure got it.