While we await the Airgas decision, Steve Pearlstein (who
I had the pleasure of meeting once in Saigon) has some thoughts in the Washington Post on the AOL-HuffPost
merger. He thinks its the AOL-TimeWarner deal all over again: AOL looking
for a route...
In the most cynical view of the shareholder lawsuit,
managers are happy to settle even spurious claims because the global release
and settlement generates effectively a 'get out of jail free' card absolving
them of any fiduciary failings that...
OK, I'll let the allegations in the a couple of early
paragraphs of this recent
SEC complaint speak for themselves:
Beginning in at least August 2010, defendant Zizhong Fan,
a manager at Seattle Genetics, learned confidential information about...
So, tomorrow Chancellor Chandler will take up the
question of whether to order the Airgas board to pull its pill. Air
Products, you'll remember, has been pursuing Airgas for many months now.
Airgas has steadfastly said "No." In the fall...
The FCC granted approval for the NBC-Comcast transaction
yesterday. The deal was announced last Spring and has been pending
approval since then. You'll remember that
because the NBC-Comcast deal involves broadcast and cable properties,
I don't know, but I think Chancellor Chandler isn't all
that impressed with the Supreme Court reversing his decision in the Airgas
case. He sent a letter to the parties yesterday ( Letter
here ) with a number of questions seeking
With all the interest in the ongoing Galleon/SAC/expert
networks insider trading investigation, this run of the mill scam almost
slipped past. Thankfully this one doesn't involve lawyers - just bad
accountants and traders. The SEC charged a former...