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SUSE To Be Taken Private By Its Largest Shareholder
(www.phoronix.com)
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this post was submitted on 17 Aug 2023
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If they own 79%, Marcel can already make it do what they want.
But you are still obligated to always act in the best interest of the shareholders. Private means you don't answer to anyone outside the company and are not forced to do everything to pump the stock price every quarter.
For all practical purposes Marcel was the only shareholder anyway.