and what does that have to do with anything?
transform holdco is a private company
transform holdco is 100% owned by esl
esl is 100% owned by edward scott lampert
the only stockholder is eddie lampert
there are no other shareholders
what is there to trade? eddie would only be playing with himself!
eddie's comment in the wsj article about private vs public was being private must be balanced against the opportunity to raise capital as a public company.
if/when eddie were to decide to become a public company, then there would be shareholders who, presumably, would be trading their stock on some listed exchange.
as it now stands, there are no shareholder other than eddie in transform holdco and transform holdco is not trading on any exchange.
your example, while interesting, has absolutely nothing to do with this situation as it now stands.
