NSAV Holding Inc (NSAV)

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If that could have been done, it probably would have been when TG Private Equity merged with NSAV. I have a feeling that since all of the players are foreign, it was easier to do a straight merger. With a straight merger, nothing was changed. NSAV was the still the majority company, Tilton was still the CEO, etc. The only thing different was it now had a minority shareholder. When a foreign company takes over, there are probably background checks on everyone, etc. This is speculation on my part, but it makes sense since everything got more tight after 9/11. IMO