Seagate Technology Public Limited Company (STX) has had its declining topsline over the last four months taken out a week ago, only to snapback the last couple sessions.

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"I do not believe (his ideas) would work in large companies, such as in a public limited company for example, " says Ian Angell, Professor of Information Systems at the London School of Economics.

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Marks and Spencer Limited became a public company in 1926 and the famous St Michael trade mark was registered two years later.

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The marketplace for this small company with limited public float has absorbed over 12 million new shares in just a few weeks.

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He bought out the last partner in 1989, and in 1998 took the company public as a master limited partnership.

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The venture capitalists see their illiquid preferred shares converted to common shares in a public company, which they can then distribute to their limited partners.

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Cardiff Devils Ice Hockey Limited plus parent company Celtic Leisure Holdings PLC issued a public notice earlier this month for a meeting of creditors under the Insolvency Act 1986.

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Although it expects a 30% increase this year, future expansion is limited not only by the availability of public money, but also by the company's hiring needs.

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