MAC lobbied for her stake to be liquidated. Cargill continued to shed its 64 per cent position in Mosaic, North America’s second-largest fertilizer business, in exchange for Margaret Cargill’s stake in the firm, in order to maintain control over the firm.
Like numerous second- and third-generation family business, Cargill’s present family owners were not involved in the day to day running of the business. Were there other achievable ways in which Cargill could have facilitated the liquidation of Margaret Cargill’s position?
Learning Objective: It presents the opportunity for students to research the following topics:
Tradeoffs between liquidity and control.
Management for the long term.
Shareholder clashes.
Family government.
Alternative ways of liquidating shares.
Publication Date: 04/18/2016
This is just an excerpt. This case is about Finance