Originally posted by Osmosis
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False. The only people in a valid position to question such a decision are the shareholders.
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A private company can still have shareholders and most often do. Espeically large family company.Originally posted by darrel409^^^Company is private. There are no shareholders. We are not really investors either, just buyers of a product where we see value.
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Sure they do, it's just common privately held stock. And the president of any company is subject to the scrutiny of the board of directors, makes no difference if the business is publicly traded or not. His success is directly related to his appointee's and his down stream staff, he would be sealing his own fate if this decision was not thought out to it's fullest. Only time will tell.Originally posted by M3FanA private company can still have shareholders and most often do. Espeically large family company.Originally posted by darrel409^^^Company is private. There are no shareholders. We are not really investors either, just buyers of a product where we see value.
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