Comment on Water firms ask for bill rises of between 24% and 91%
IchNichtenLichten@lemmy.world 5 weeks agobut the problem is that “make it publicly owned” means “buy out their shares” which is giving them a bailout
The shares would be almost worthless.
plus “service all the debt the company is in” which is another bailout
Nope, the company would be wound up.