Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: gondramB
I think they sold to make the company less attractive to a proxy fight with Peltz. The management is trying to save their jobs.
151 posted on 03/01/2006 5:47:07 AM PST by sausageseller (Look out for the jackbooted spelling police. There! Everywhere!(revised cause the "man" accosted me!)
[ Post Reply | Private Reply | To 148 | View Replies ]


To: sausageseller

"I think they sold to make the company less attractive to a proxy fight with Peltz. The management is trying to save their jobs.":

That would make sense.


152 posted on 03/01/2006 5:52:36 AM PST by gondramB (Render unto Caesar that which is Caesar's and unto God that which is God's.)
[ Post Reply | Private Reply | To 151 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson