this post was submitted on 28 Dec 2024
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https://en.wikipedia.org/wiki/Costco#Ownership
Oops. All Private Equity.
I'm starting to think these private equity firms are bad eggs! /s
It's just bad apples. Landfills and landfills of bad apples. Not even compostable, that's how bad they are.
Not compostable, but they could be ground up to make some fertilizer.
The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street.
Is there any legal way a company can prevent the sale of their stock to a private equity?
Go private and don't have stock traded on the secondary market?
You can’t restrict the sale of stock, typically, but there are some provisions that can be adopted to make things more resilient. Check out “Poison Pills” on Wikipedia