Such an application for federal antitrust clearance is necessary for any investor that might seek control. But some investors have used such filings to boost the value of their stock holdings, which -- without buying more stock -- they then sold.
Mr. Steinberg will definitely seek control
Takeover stock traders were puzzled by the Reliance filing and cautioned that it doesn't mean Mr. Steinberg will definitely seek control.
Such an application for federal antitrust clearance is necessary for any investor that might seek control. But some investors have used such filings to boost the value of their stock holdings, which -- without buying more stock -- they then sold.</s>Takeover stock traders were puzzled by the Reliance filing and cautioned that it doesn't mean Mr. Steinberg will definitely seek control.</s>Mr. Steinberg will definitely seek control