Monday, July 2, 2007
1/3 of BSC shares outstanding are in employees' hands?
One built-in incentive to avoid huge risk is that about a third of the firm's shares outstanding are in employees' hands, meaning that if Bear's stock takes a dive, so does that group's personal wealth. At 4 p.m. yesterday in New York Stock Exchange composite trading, Bear shares were up $3.16, or more than 2%, to $143.16.
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