Things that needed to get done, the management has done.
More Quotes from Larry Haverty:
History shows the poison pill under normal circumstances doesn't benefit shareholders. If the corporation wants a poison pill, it's the shareholders' prerogative to decide that. Not the board of directors.Larry Haverty
Management is doing the right thing. You don't want to change the driver of the horse when the strategy is clearly appropriate.
Larry Haverty
It's the wrong time to do anything that's tax inefficient and (that could) subject owners to any unnecessary financial risks.
Larry Haverty
He's becoming strategically complete. The business is undervalued and the stock is growing.
Larry Haverty
The timing to implement the plan is lengthy and the potential rewards are nothing different from what would be achieved by current management.
Larry Haverty
I'm not sure that in this case he brings a whole lot to the party. The businesses are not mismanaged. There's not an awful lot to fix. We are very happy to see Icahn stirring the pot, but the way things are going and the way this company is being managed, it's a day late and a dollar short. The things that are being done to fix the stock have already been done. I don't think anybody can have any qualms, as a shareholder, with Dick Parsons.
Larry Haverty
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