5 ms·
One of them should have just bought the other.
by db48x 8y ago
One of them should have just bought the other.
- JshWright 8y agoThe Girl Scouts have zero interest in buying the Boy Scouts, and the Boy Scouts likely wouldn't be able to come close to buying the cookie empire.
- paulddraper 8y agoIDK how much Boy Scouts is worth, but they raise and spend a ton. CEO of the non-profit has a $1.6m salary.
- craftyguy 8y agoA business that uses free child labor to sell cookies with massive margins cannot be cheap..
- paulddraper 8y agoIn reality, both are non-profits so there isn't any stock to buy.
- craftyguy 8y agoRight, they would have to 'merge'. But there's little incentive for the Girl Scouts to share their "non"-profits with others.
- thrower123 8y agoYeah, there is a lot of potential liability for little upside with the Boy Scouts. It's up there with buying a Catholic dioceses...
- mdasen 8y agoThey can't really buy one another because they're both non-profit charities. They could decide to merge, but it seems they don't want to.
- duskwuff 8y agoThis wouldn't work -- while BSA and GSA are superficially similar, there are deep ideological divides between the two groups. BSA has historically had strong ties to Christian groups and politically conservative ideologies, while GSA has generally avoided religious ties and supported more liberal policies. By way of example, BSA prohibited "open and avowed" homosexuals from serving as leaders until 2015, whereas GSA has had "no membership policies on sexual preference" since 1991. Besides, these aren't publicly traded companies. They're not for sale; one cannot "buy" the other.