Techman21
join:2005-04-14
Richmond, VA
| Bah...
lol. You people who make the distinction between VZ and the shareholders are goofy.
The shareholders are the ones that Verizon listens to. You make it seem like "the people" are the ones getting the stock. You seem to forget in huge companies like this there are a very few number of rich people who actually control the major shares of the companies. Sure Joe blow might have stock in VZ, but I bet you Mr. Moneybags holds more than Joe Blow and owns the controlling share. Normally that leads right back to the CEO, or whomever. Which is again a moot point. So yes, Verizon is most likely going to "own" this other company. It basically gets around all those pesky merger laws. The same people at the top are still controlling the company.
Verizon is beholden to their shareholders. The shareholders control the major stock in Fairpoint. So the same group control both companies. Sure the numbers might be different but how many of those regular Joes are attending the stockholder meetings? That is what I thought. The big office where maybe 10-15 guys with the controlling parts of the companies are the ones with all the say and voting power. |
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daslog
join:2002-04-10
Milford, NH
| It's a spinoff. Fairpoint has it's own CEO, Board of Directors, shareholders, etc. Verizon will not be a holding company.
Verizon is not merging with Fairpoint. Verizon is dumping the rural POTS business in Northern New England. They are trying to get out of the old telco business, not increase their stake in it. Verizon doenst see POTS as their core business anymore.
It's just silly to thing that this is some kind of secret merger. |
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Jodokast96
R.I.P Bassman442
Premium
join:2005-11-23
Erial, NJ
 ·Verizon Online DSL
1 edit | reply to Techman21
said by Techman21  :lol. You people who make the distinction between VZ and the shareholders are goofy. The shareholders are the ones that Verizon listens to. You make it seem like "the people" are the ones getting the stock. You seem to forget in huge companies like this there are a very few number of rich people who actually control the major shares of the companies. Sure Joe blow might have stock in VZ, but I bet you Mr. Moneybags holds more than Joe Blow and owns the controlling share. Normally that leads right back to the CEO, or whomever. Which is again a moot point. So yes, Verizon is most likely going to "own" this other company. It basically gets around all those pesky merger laws. The same people at the top are still controlling the company. Verizon is beholden to their shareholders. The shareholders control the major stock in Fairpoint. So the same group control both companies. Sure the numbers might be different but how many of those regular Joes are attending the stockholder meetings? That is what I thought. The big office where maybe 10-15 guys with the controlling parts of the companies are the ones with all the say and voting power. Yeah, they really caved in to the pressure to not deploy FTTH. |
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