When a company is publicly traded and listed on the nasdaq, or a similar exchange, does that mean that the company is 100% public, as in 100% of its business is owned by the shares that are available for exchange? Or is there a part of the company that is not owned by the public shareholders?
As I typed this I read the Sprint wiki page that says
In July 2013, a majority of the company was purchased by Japanese telecommunications company SoftBank Corporation, although the remaining shares of the company continue to trade on the New York Stock Exchange.
Does this mean that only a portion of the company is on the NYSE and that the other part of it is... private?
Submitted November 04, 2014 at 12:03PM by Iama_tomhanks http://ift.tt/1E2egcG
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