Comment by s1artibartfast
Comment by s1artibartfast 3 days ago
That would completely be fraud, but seems pretty far fetched.
They have been (miss)managing the company about the same for 18 years, so it would have to be one of the most epic cons of all time.
On the other hand, partial owners and management take companies private all the time. It is an extremely common occurrence. It and PE buyout are probably the two most common ways.
Based on my parent poster's question we're already operating from the assumption that happening and I'm just explaining why that's bad, not how likely it is.