Haven't read the Powerline article, but just skimmed through it. I found the passage you quote, and it is correct-- as far as it goes. That's how his family made their fortune.
I'm sure he still owns shares of the Target corporation, as do I. You might even, also-- either directly or as part of a mutual fund.
He, and his family, no longer have any say in how Target corporation does business. When DHC was taken public (I have no idea the date), the Dayton family effectively sold a good portion to thousands of shareholders-- not the French specifically.
Are you saying the Dayton family has sold the stores to France?
I see no reference in the quoted article to "sold the stores to France".
Target is a publicly traded company-- it's not "owned by the French". In deference to this commonly bantied belief, however: AXA, a French corporation, owns roughly 5% of Target's outstanding shares. Hardly a controlling interest, by any stretch of the imagination. (Gleaned this from a Snopes.com article.)
It's kind of a toss-up which of those legends offends those of us that work with/for Target (I'm a contractor and my wife is in store management) more: Being French-owned, or under the thumb of Mark Dayton.
You've managed to assign both in one post. Congratulations.
Then you read the thread wrong... my post was to a post that said someone would not shop at Target because it was a French Corporation and I replied that to the best of my knowledge it was not, but linked to the Dayton Family (didn't remember his name in the post, just the incident where he left DC for fear of being bombed after 911).... no where did I demean Target or their employess, actually I love Target Stores and wish they would build one in our new mall that is going in, but evidentally our City fathers chased away out of greed.
I know you happen to be correct Egon. I needed to add my two cents. I hate it when someone posts something that is so full of errors regarding Target. I'm a shareholder and I do not appreciate Arizona Carolyn defaming this great American company. Thanks for sticking up for it.