No one's ownership was changed. However, outside investors' influence was halved and insiders' influence was doubled. It was a very dirty move, IMO. Surprised there wasn't much of an uproar (OTOH, I am not. The people suffering the most were probably the smaller guys, since the institutional investors were probably aware of this, and most likely also ended up on the beneficiaries side).
4/29/14 at 9:12am