The pay would be the same but instead of share owners getting dividends the profits would be used for owner rewards. The company metrics would be
Hidden from the public. As far as the executives dumping their free stock look at how much they still hold and more is on the way every quarter now. Just go to the sec Edgar data base and look at the 8k sales data. Every time they sell you will see how many and how many each still holds..
11 replies (most recent on top)
and give up that juicy dividend
Yeah, I chuckled at the private argument when this company is running literally months behind on vendor bills and is running a massive debt. No Veritas to engineer any creative company ownership at this point.
Yeah, no. You need money to pay off the existing shareholders. Who's going to do that?
It worked 25 odd years ago because we owned Veritas software and it was outrageously valued in the dot-com days and they leveraged that to go private.
Many would say the American investor class is more focused on short-term results that tends to prevent better strategic thinking. But public ownership also means public disclosure.
The prior two comments were created from AI on ca--abis.
Seagate is taken over by Italians....
Seagaters just cry on others making more money, or brag about their company
You young gullible Seagators jizzing for the small raise and no bonus should try actually talking to people who work at good companies and how they are compensated.
Enjoy your generous 1% raise for the last 3 years of dedicated work. And watch the executive stock sale gains. Motivate accordingly. Don’t you people know any friends working for a private company? I do and my buddy has been getting 4-5% annual raises and thousands in bonus for the past 3 years.
no compelling reason to take the company private
Why should this be taken private. Is this a company like twitter.
privatization as you point out could make bad worse