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Old 08-03-2010, 09:16 PM   #14
fjtorres
Grand Sorcerer
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Quote:
Originally Posted by SensualPoet View Post
Taking the company private, or broadening the shareholder base, isn't the decision of management -- it's the decision of the shareholders and board of directors. In B&N's case, the founder is the chief (minority) shareholder.
Odds Riggio would be making the move if he *didn't* have a deal lined up?
That's how those boys operate: first they line up the deal, then they go through the motions.
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