It seems like most are taking the day off for Mothers Day. How nice.
The question for today is if Oxy goes private will morale amongst workers increase or decrease.
5 replies (most recent on top)
As long as there are publicly traded shares, the company is not private. And yes, you still have to worry about the SEC.
- Being acquired by a publicly traded company is not "going private"
- It isn't going to happen
Great for management but say bye bye to LTI. You aren’t going to get shares in a private company. And the owner would be counting on G&A savings.
Going private is great for management because they don’t have the SEC and the public shareholders to worry about. It can be quite lucrative for management as long as the investors stay happy.
Oxy is not going private and as usual just rumors of it after the article that quoted Vicki as wishing BH would buy us. We will never know if it is going to happen until after the fact, so no need to even think about your question. If it does happen most of us will just need to go with the flow as we are just the worker bees.