Peter Hein’s company has been worth $2.6 billion since 1999.
But, since then, the company has undergone multiple reorganizations.
And its stock price has continued to decline.
The company is now worth $1.6 trillion.
The company that bears the name Hein has gone through several companies, and is now being sold to an international company.
The news comes as the company is struggling to make payments to shareholders.