Re: Another American Co. Gone.


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Posted by MikeC [198.184.28.146] on Wednesday, January 15, 2014 at 07:30:43 :

In Reply to: Another American Co. Gone. posted by The Dodge boys [65.78.41.32] on Monday, January 13, 2014 at 20:23:39 :

It's the same all over the world. Many US companies have purchased foreign companies and made them subsidiaries.

The company itself didn't sell out, it was a publicly traded company and a foreign investor offered a significant markup over the current share value to the shareholders, and the shareholders took the offer.

It's the way business and investment is done, and there are plenty of US companies that have done the same thing overseas. It's really nothing to get into a twist about.





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