Quote:
Carl Icahn has made a career of this as well as Mr. Buffet. You can have a public company but still maintain control with voting shares if you structure is correctly. Isn't Wal-Mart like this?Originally Posted by Copperhead
I thought the original post was about Swift buying into Werner, not the reverse. Swift not being publically traded would be a non issue. Werner is publically traded. The Werner family may have 40% ownership of stock being traded, but that leaves 60% for others. Could care less if Swift or the Caliph of Baghdad buys up those shares. Just stated that a publically traded company always runs the risk of having an outside entity, that doesn't have their best interests at heart, buy up a controlling interest and influencing business decisions.