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Keyword: corporateraider

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  • OBITUARY: Born into riches, Edgar Bronfman grew into philanthropy

    01/13/2014 1:23:58 PM PST · by imardmd1 · 15 replies
    The Globe And Mail ^ | December 27 2013 | Joanna Slater
    The tale of the Bronfman family is one of Canada’s most legendary: how a poor Jewish immigrant from what is now Moldova established a liquor empire based in Montreal that grew to become one of the world’s best-known brands. (snip) Mr. Bronfman, who died on Dec. 21 at the age of 84 in New York, turned that complicated patrimony into an unusual journey. At Seagram Co. Ltd., he led the company into new businesses and into its most profitable investment, only to later champion the decisions that led to the firm’s demise. (snip) He decided to retire at the age...
  • Romney's False Choice: You Either Support Asset-Stripping Or You Are Anti-Free Market Capitalism

    01/09/2012 4:20:37 PM PST · by Laissez-faire capitalist · 72 replies
    1/9/2012 | Laissez-faire Capitalist
    Gordon Gekko Romney is being taken to task over his proclivities, and activities at Bain. To make it short, Romney engaged in what is commonly known as asset-stripping. My point in this thread isn't to delve into the minutiae of what asset-stripping entails, but rather to point out that Romney is attempting to pigeonhole Gingrich as being anti-free market capitalism through the use of a false choice: If Gingrich doesn't support what Romney did at Bain, then he is anti-free market capitalism. Romney's false choice... And all the while, Romney is trying to use a smokescreen to cover what he...
  • Blockbuster chief set for showdown with Carl Icahn

    05/11/2005 8:29:56 AM PDT · by RedBloodedAmerican · 2 replies · 414+ views
    http://www.reuters.com ^ | Wed May 11, 2005 09:43 AM ET | By Matt Daily
    DALLAS (Reuters) - The showdown between Blockbuster Inc. (BBI.N: Quote, Profile, Research) Chairman John Antioco and corporate raider Carl Icahn comes to a climax on Wednesday when shareholders must choose who will shape strategy at the United States' largest video rental chain. Shareholders will vote on whether to oust Antioco and two company-backed candidates from the board of directors, in favor of Icahn and two others, at the company's annual meeting in Dallas, Texas. The public battle between Antioco and Icahn has grown fierce in recent days as each side called the other ill-equipped to stem the company's slide in...