We thought we’d get two short posts out together rather than torture them into longer posts. Chairman/CEO split. A Breakingviews.com piece published in the WSJ’s May 10-11 Weekend Edition described Wachovia’s recent split of the Chairman and CEO roles. Appparently, they decry the notion that it’s being framed as a punishment of sorts for the…
Read MoreA few pieces are detailing Carl Icahn’s foray into Yahoo and his decision to take up the proxy fight Microsoft appears to have abandoned. This Dealbook article gets my vote today because of this quote from Icahn: It is unconscionable that you have not allowed your shareholders to choose to accept an offer that represented…
Read MoreIn OCS (for Rick) and at West Point (for Mike), we were both tasked with learning bits of “required knowledge.” These were bits of useful or historical information, such as lifesaving steps or MacArthur’s Duty, Honor, Country quote, or mnemonics used commonly in the US Army, such as OCOKA (obstacles, cover & concealment, orientation, key…
Read MoreThis Forbes article sets forth an interesting analysis on some factors that might impact the pricing of a Microsoft-Yahoo deal. The basic premise is that since many shareholders of one company are [likely] shareholders of the other, these cross-holdings necessarily lead to an optimization analysis. If MSFT shares fall as a result of an increased…
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