Reason why I wrote in moderation, e.g. 100% tax is not moderation and therefore theft.
Intent here was to take control over the ownership of the companies, that would have been same as 100% tax, they where just using a more complicated scheme but the end result would been the same.
It appears the intent was to purchase control over the ownership of the companies at prevailing market rates. As far as I can tell, the existing stock owners were entirely free to refuse the state's purchase offer and maintain control indefinitely, if they so chose. That doesn't sound like a tax at all.
Intent here was to take control over the ownership of the companies, that would have been same as 100% tax, they where just using a more complicated scheme but the end result would been the same.