Title says it all. Heinz deal today randomly got me thinking. Does IR just get all laid off when a firm gets taken private or do they still exist to talk to investors about the bonds the company has issued?
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No stock means no investors to answer to. If they have other securities they issue like bonds, but even then these are creditors not investors.
Can college kids who have no fucking clue what they are talking about shut the hell up? PLEASE?!!!? What's the point if this board if people are going to speak out their ass and mislead others? It dilutes the quality. You people don't NEED opine on any and everything.
Investor relations may be downsized, maybe not. It depends if there are specific functions that are exclusive to equity market reporting. It also may be reduced as part of cost reductions connected to planned LBO initiatives.
But to say there are no more investors and bond guys are creditors instead is fucking idiotic. Bond guys are investors, they do need to speak to investor relations, and there is a need for financial statements (whether or not they are in GAAP/SEC mandated format).
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