Although the new trust would leave all the resulting investment under public ownership, the city's recent bitter experience with a bungled 75-year lease of its parking meters under a previous mayor has left residents fearful.

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Although it creates ownership shares in the new entity, those shares are not sold to the public.

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Vikings ownership has another card to play with the Minnesota legislature in its drive for public funding of a new stadium.

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Before Merrill, he presided over an overhaul of the New York Stock Exchange, pushing it to embrace electronic trading and discard its clubby old membership system in favor of public ownership.

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However, profits began to rise, the company is now adding new restaurants, and 3G Capital was able to take Burger King public again last June after only 20 months of private ownership.

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