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Executives at private companies, Mr. Pruitt said, "don't have to deal with the broad array of public shareholders and all that that entails: annual reports and analysts' meetings and a fiduciary duty to a broad number of shareholders".
Robert Kidder, who served as CEO of battery maker Duracell, a unit of Kraft Foods when it was bought out by KKR in 1987, believes he benefited from the direct access to the new management shareholders, rather than having to guess at what the broad array of public shareholders were interested in.
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Carlyle has also taken a machete to the traditional legal rights of public shareholders.
Courtesy of public shareholders, of course.
Will the latest group of public shareholders fare any better?
"An array of public and private agencies provides different services in different locations.
United Airlines -- and all commercial airlines -- use a massive array of public goods.
These week's winners take home an attractive array of public relations contracts.
Among other tools, this entails an array of public-private partnerships and public investments in the building blocks of innovation.
They almost always supported incumbent management, generally to the detriment of passive public shareholders.
Unlike Chrysler, GM also has public shareholders and a broader array of secured and unsecured debt holders.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com