Tootsie roll factory

Basically this article by Chris Atayan is reviewing the recent acquisitions made by key companies when overtaken others. In his personal opinion he believes that “organic growth” is hard to get within a company which is why these merger deals have been made lately. However, he takes into account one specific company and that would be the Tootsie Roll Industry. Mr. Atayan points out that Tootsie Roll keeps most of its stake within the company instead of having multiple shareholders which means that the controlling shareholders can at any moment decide to sell the company to another such as Hershey or Nestle with little to no problems. With this strategic move Tootsie shareholders could stand to make a rather nice sum of money dependent on when or if this decision is ever made. That sums up basically what the article is about.