If they continue not to invest the funds, shareholders may sell the company's shares and make it vulnerable to a takeover.

They recommended that shareholders either accept the offer or sell their shares on the market.

Its shareholders can simply sell their stake on the Big Board.

Most American shareholders sold their stakes soon after the companies were combined.

"The board does not have an obligation to allow one shareholder to sell at whatever price he or she can get."

The calculations assume that shareholders pay taxes at the top Federal rate each year and do not sell their shares.

Just before her death those rules were amended to allow shareholders to sell their units for a profit.

Two years later, shareholders sold the company to retail giant Woolworth.

But they are not enough to change his opinion that shareholders should sell.

Later, in an interview, he added that public shareholders "could have sold from $14 to $21" last year.