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Six Years Later, The Problem at HP is Still the Board
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Banning Buybacks Would Backfire and Lead to More Companies Going Private - Canaccord

If Congress limits the ability of companies to buy back shares, it would backfire and likely result in more companies taking themselves private through leveraged buyouts, a Wall Street research firm said. "Going private is essentially a 100 percent buyback," said Brian Reynolds, asset class strategist at Canaccord Genuity. He adds that CEOs are motivated to increase their companies' stock price...

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