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Originally Posted by Ladygolfer93
Not at all true. Look over your own stock portfolio, or if that's not your investment preference, just take a look at the list of companies. I don't know if they will sell of course, but that line of reasoning; why would an individual, or family, take public and lose control of something they built and were so proud of ? Well, let's see, Tesla, Anheusers, Busch's, Walton's, Heinz, I mean it would take several days to list. It's the point of entrepreneurship for most, Standard Oil/ Rockefeller Foundation, generational wealth. So, not saying this will be the fate of The Villages at all, but certainly the "norm" is to go the IPO route with an entity of this size and worth... and remember, a lot of the worth is in land, not on "paper". Okay, just my perspective is all.
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There are various ways to do this.
If you sell the whole thing you let someone else have the headaches while sitting on a lot of cash that you can diversify your portfolio in.
Or you can as you say sell off a portion of it but you will have outside stockholders to satisfy by having a steadily increasing profitability level.
BTW Anheuser Busch sold the entire company to a European one.