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Thanks for your reply.
The shareholders (100%) are looking at a sale and had moved down a sale route with another company until the other party pulled out only 1 month ago, this triggered an MBO approach from 2 directors.
It feels and looks as though the 50.5% do not want this to happen for personal reasons, they dont like the directors involved.
If i can do nothing apart from ask for a shareholders meeting and give them my view of not being informed then so be it, they are acting very high handed i believe.
This may force the 2 directors to leave which will be a bad move for the business.