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HERITAGE BANKSHS(VA) Message Board

  • barkingdog78 barkingdog78 Nov 24, 2012 9:50 AM Flag

    Bank managements usually have a conflict ...

    on buyouts. They want jobs; they don't care so much about the sales price for shareholders. Here, the CEO and Chairman are some of the largest shareholders; and the Chairman doesn't work there. So you have to think they are going to look more at the stock price. Proving once again: YOU ARE BETTER OFF WHEN THE CEO AND CHAIRMAN AREN'T THE SAME PERSON!

 
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