We're still actively engaged in pursuing the possible sale of a controlling interest.
More Quotes from Toni Simonetti:
The annual meeting used to last eight hours. I think we've come up with a pretty elegant solution. Now we can get to the grass-roots shareholders without a lot of contrived filibustering.Toni Simonetti
There was some interest expressed on the part of multiple parties to invest in our commercial-mortgage business. We're in discussions with those parties, ... We are amenable to equity partners, but GMAC's intention is to maintain a significant equity interest in this business.
Toni Simonetti
To the extent we can prepare for that (a strike), we are preparing a contingency plan.
Toni Simonetti
Our financial performance is unacceptable, we know that and we've been working hard to turn around North American operations to improve our financial performance,
Toni Simonetti
A couple of weeks ago we announced we were proceeding with negotiations with News Corp. That is our priority, ... We are engaged in these negotiations with News Corp. and Sky Global Network. The company and our board of directors have an obligation to respond to the interests of all of our shareholders. As such, we would always consider any alternative.
Toni Simonetti
We'll conduct a thorough review, and consider it or any serious alternative proposal in due course,
Toni Simonetti
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