boatload of money. Then he turned down $ 70 / share...not in the shareholders best interest. During that time, he consistently executed sales contracts for block of land that he was willing to finance at 3 % - in an era of 6 % money.
What will happen is that the family will eventually get tired of not owning it all & buy out the public shareholders. Good if you own it then, bad if you are a family member.