Right to privacy: "each transaction recognizes that what's good for Wall Street isn't necessarily good for the organic demands of operating a business ...".

Home Textiles Today, November, 2005 by Marks, Jennifer

THREE YEARS AGO, at lunch with a group of executives from a sizeable family-owned supplier company, the patriarch of the business kicked things off with a provocative pair of questions: Is it bad to be big? Is it bad to be public? In the home textiles world--and in parts of retailing--the answer increasingly appears to be "yes." If Linens 'n Things hits the financial targets required to seal the deal on its $1.3 billion acquisition by Apollo Management, it will become the first Top 10 retailer to operate as a private company.

Or will it? One could argue that Sears Holding--parent of Top 10 retailers Kmart and Sears--is essentially a private company. Although it remains publicly traded, its chairman owns a majority of the stock and feels no...

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