04-26-2016, 11:27 AM
'efi426hemi' pid='68636' datel Wrote:In Vegas waiting while my wife is shopping...... I think it is pretty obvious what is going on here, Phil has caught wind of a sale or merger and doesn't believe it brings fair value to shareholders, hence the approval of >10% company by shareholders, the rest of the ammendments is just noise. Health and happiness, Hemi
Good grief!! The guy who wants to save money wants to have more shareholder votes at whatever costs on what in any other company would be delegated to the company's board????
So I'll ask once again.....yet to receive a comment from anyone here.....why would a professional money manager support any proposal which would hamper the company's ability to sell assets? Remember, everyone votes on sale/merger of the company. So here PM is addressing smaller potatoes. As I wrote elsewhere, this is all about power and influence for a guy who couldn't get a deal done which would have made the pros happy. Do you really think these people would give Philippe a second chance?