You COULD, cut all subsidy to zero, turn a blind eye to people not paying their bills, wait until they have no choice but to declare bankruptcy and buy up the assets for 0.1p on the pound.Because that nob will get a huge payout if we nationalise.
I don't think shareholders should be rewarded.
Can we let them go bust then nationalise it in a way they don't make bank?
The government can do whatever they like, really, the question is will they when it doesn't mean someone making a quick profit privately.