I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The ‘going public’ may also be an exit strategy for the top management. — Marc Rich
Tags: #Money, #Business, #Growth, #MarcRich, #American, #Businessman
Mini who’s who:
Marc Rich : American Businessman
Born: December 18, 1934
Died: June 26, 2013