T Rowe Price Equity Buy Emerson Electric Stocks
T. Rowe Price just announced that the bought Emerson shares during their last quarter. This was an interesting news because T. Rowe Price is also the largest stock holder in Rockwell Automation. It is no surprise of course that they would want to diversify their stock portfolio.
This sparked a question in my mind. If a company owns enough shares of two competing companies that gets them a board seat on each company how would they manage the two seats particularly when competition arises between the two companies?
What are your thoughts?
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