Fuck you Fred!
Fred will get nothing. He could not sell B+L and will be unable to IPO it.
Fred will get nothing. He could not sell B+L and will be unable to IPO it.
they will be able to IPO this.
And it will have a market cap in excess of the true worth.
Warburg will make money. Fred, CEO, Pres and a few others will make money on stock options.
then a month later the market cap will be half of what the IPO was.
New pres will be held accountable to make changes to return value to investors (stock holders). This will result in layoffs and many other cost cutting measures.
You are right. If B+L is IPO or sold for more than it is worth it the company that will pay for the overvaluation by laying off the people that remain at the company after the IPO/sale.