Quote:
Originally Posted by What'saCobra?
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Family members have suffered along with other shareholders, losing their dividend and watching the value of Class B shares fall to $206 million from $2.4 billion a decade ago. They met with investment bankers two years ago, but held their shares.
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Two years, ago when the family met with the investment bankers, Ford stock was $10-13. They could have taken the company private at that time based upon market cap and proven debt/asset ratios. How much would it cost them now? Sure, the stock they hold will be worth less to pledge for collateral, but if they didn't need to answer to stockholders and do the "dog and pony show" for Wall Street how much more room would management have to run the company and turn things around?