If past industry performance is any indicator of future events, Main Street Municipal Water might soon become Big Private Water, Inc. Throughout the past decade, the water industry has experienced a flurry of M&A activity in which private, or Investor Owned Utilities (IOUs), have stepped in to acquire struggling public operators. Large players such as …
Tag: privatization
Why American Greetings is Going Private
At the beginning of April, American Greetings announced it was going private after being publicly traded since 1958. American Greetings has seen increased competition from both traditional competitors, like Hallmark, and from new competition, like social media. Here are the top three strategic advantages I see for American Greetings going private. 1) Shed Costs Going private the …