PREVIEW

... , it would be better not to go public. Many companies have gone all out for privatization after being listed for many years. Although listing can obtain a large amount of financing, it also means more responsibility and risk. Taking Hollywood as an example, several major film companies have almost all experienced hostile takeovers, the last one being in 1984, when Disney was maliciously targeted by Saul Steinberg, and finally Disney spent $325 million to redeem the 11.1% of the shares in Steinbe ...

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