Quote Originally Posted by dragonrider
Publicly traded companies do not determine who can and cannot buy their shares, do they?
they have no say who can buy shares, however in this case CitiGroup didn't sell actual shares to any random investor, they sought out the Abu Dhabi Investment Authority(ADIA) and brokered a deal to sell equity units in a private placement with a mandatory conversion into common shares totaling no more than 4.9% of the total outstanding shares........:stoned: