One can forgive the Bancroft family for actually thinking they have a choice. Think about it. When the company went public, the family was able to maintain control despite selling an economic interest to the public. They did this by issuing two classes of stock and retaining a voting majority. In that context, their recent attempts to negotiate a sale of the company whereby they maintained operating control don't seem quite so farcical.
However, even in that context, the way...
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