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To: annalex

Keywords “family owned” “closely held”

Is Hobby Lobby really a corporation or is it just a family owned and operated company


7 posted on 07/01/2014 10:16:22 PM PDT by Salvation ("With God all things are possible." Matthew 19:26)
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To: Salvation; annalex; HiTech RedNeck
My understanding is that a "closely-held" corporation is considered to be one that has 5 owners or less. It's not a "publicly traded" corporation with multitudes of shareholders.

So this ruling really is very narrow-gauge. Nevertheless, it is the kind of "pin-prick" that can make the Grand Egotist in Chief explode. Always a Work of Mercy worth doing.

9 posted on 07/02/2014 4:49:47 AM PDT by Mrs. Don-o ("I set before you this day Life and Death, a Blessing and a Curse.")
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To: Salvation

Yes, that is probably the narrowest.


10 posted on 07/02/2014 4:53:40 AM PDT by annalex (fear them not)
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