Indonesia
Must you hold the full merger bid in cash, even if you own part of a company being merged?
The rulebook states this directly, and forum replies agree.
- Indonesia rulebook · Rulebook · Resolving the merger
- Micquebec · Community · 2017-05-26
- clownfeet · Community · 2022-09-29
- dkeisen · Community · 2007-12-10
- Taxovich · Community · 2006-05-10
Yes. You must have the whole bid on hand, even if you own part of a merging company, because you pay the other owners their share. Merging two of your own companies costs nothing net, since you pay yourself, but you still need the cash for the minimum bid.