This takeover deal still backs Joanne, she is still a director...

This takeover deal still backs Joanne, she is still a director but with limited access to the company money, so the business 1page will need to become lean and hungry for success. A bit like a son or daughter being given the family business to run, but limited access to the family wealth that built the business, to allow the business to stand alone, to fund itself and grow by stealth and entrepreneurial vigour . The family money, in this case the shareholders funds are put to work by PW and Merchant to accelerate the returns and be there as back up if need be. It's just efficiently using what's been built up. Imo