Train
Lifer
Think about it - the majority of equity in a company is divided into shares and traded for a value on a stock exchange. All of a sudden, a valid claim is made to nearly 85 percent of that equity. Therefore, you would see the shares fall to near zero as the presumed equity is traded to factor in this possibility.
When the government took 75 percent of the equity in AIG as part of the bailout in 2008, the stock fell from $40 per share to $3 per share, reflecting the massive shareholder loss to the value of their ownership in the company.
The is the same scenario so the stock price collapses by at least 80 percent or more.
That depends how much of the company is on the open market. If zucky still owned a majority of it, you can bet he'd be the one coughing up his shares.