bocadillo
Water Gypsy
happy birthday
did taylor leave because of mm deal? what happens to his and clarkes shares?
What do you mean by "what happens to his and clarkes shares"? They will simply continue to own them until they stop owning them. Board membership has nothing to do with the ownership of shares and resigning from the chair/boatrd has no bearing on them being able to keep their shares.
They can choose to sell them to MM or whomsoever they wish (subject to the purchase not taking their number of shares over the current prescribed limit); they can choose to keep them. The only was that they could lose them unwillingly is if MM got 90% of the total number of shares; he could then just send them a cheque for the shares and they would be his.