Howard writes about the demise of public companies in an op-ed for the Star Tribune in Minneapolis:
Why should we care? What difference does it make if we have fewer public companies headquartered in Minnesota?
Nothing against private ownership, and there are exceptions like Cargill, but Minnesota’s growth has been fueled by locally based public companies and their headquarters’ jobs and corporate taxes. These public companies have received investments from our local mutual funds and retirement accounts which, in turn, has resulted in many Minnesotans, including employees of our public companies, receiving the financial returns that only a public company can generate. The health of our local service provider community of lawyers and accountants also is directly tied to the number of our local public companies.
Read the rest at startribune.com.