Hello all,
So my wife works for a company which just a year ago went public, right after buying her store out from a previous owner company. We bought some shares at the start, figuring it was a good long term investment. That company has now announced intent to buy back all shares and go private again. We will take a tiny hit on our shares as they werent doing great since IPO, but thats not a real concern.
My main question (and perhaps this is the wrong sub?) is what does that typically mean regard the internal structuring of the company? Does going private typically benefit employees or make things worse, work enviroment wise? Things went very "corporate" very fast after they IPO'd, so should we expect things to get better now that there won't be shareholder pressure/expectations? Any thoughts or opinions are greatly appreciated, as this is a first for us.
