thomaswdinsmore β’ 199 implied HN points β’ 02 Jun 24
- SAS founder Jim Goodnight faces a transition in leadership and ownership as he's 82 with no children engaged in the business.
- Options for SAS's future include selling to employees, a corporate buyer, or private equity investors, all of which may lead to restructuring.
- Despite initial plans to go public, SAS has faced challenges with growth and profitability, leading to multiple delays in the IPO process.