Comments on: Controlling family opposes selling Dow Jones http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/ Where TV Finds the Future Sat, 06 Sep 2008 20:50:57 +0000 http://wordpress.org/?v=2.5.1 By: Luk http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/#comment-508292 Luk Sat, 29 Sep 2007 08:31:31 +0000 http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/#comment-508292 aebn.myfreepaysite aebn.myfreepaysite

]]> By: Darrien http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/#comment-293990 Darrien Wed, 02 May 2007 05:19:29 +0000 http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/#comment-293990 Thank god. Thank god.

]]> By: Dan http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/#comment-293965 Dan Wed, 02 May 2007 04:15:20 +0000 http://www.lostremote.com/2007/05/01/controlling-family-opposes-selling-dow-jones/#comment-293965 This is a public company. You can't have, even a controlling interest, turn down such a generous offer without a lawsuit from shareholders. It sucks, but that's what you get if you go public. The good is the huge money you make when your company is bid up. The bad is this kind of thing. You can't have it both ways. If the board turns this down, they will be sued, possibly individually. If that doesn't happen, Murdock could buy enough shares to demand a board seat. Then the fun really begins. If Murdock is serious, this far from over. I'm sure he wants the company as a resource for his new cable business news channel. Dan This is a public company. You can’t have, even a
controlling interest, turn down such a generous offer
without a lawsuit from shareholders. It sucks, but
that’s what you get if you go public. The good is the
huge money you make when your company is
bid up. The bad is this kind of thing. You can’t have it
both ways. If the board turns this down, they will be sued, possibly individually. If that doesn’t happen, Murdock could buy enough shares to demand a board seat. Then the fun really begins. If Murdock is serious,
this far from over. I’m sure he wants the company
as a resource for his new cable business news channel.

Dan

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