Forbes: Private Vs. Public

Professor Colin C. Blaydon via Forbes about the recent trend of "three or more private equity firms joining together to purchase a public company and then all of which appoint a few members of the board".

"The larger the board, the more different voices sitting around the table, the more of the power shifts to the management team," says Colin C. Blaydon, a professor and director of the Center for Private Equity and Entrepreneurship at Dartmouth's Tuck School of Business.

Source: Forbes by Hannah Clark, September 1, 2006