Archive for March 30th, 2007
Canadian bondholder activism
30 March 2007That’s not the kind of headline that usually reels them in, which might explain why so little ink has been spilled telling the bondholders’ story in this potential KKR/BCE buyout. I have written about covenants before and think this is a story worth looking at and that we may hear more about. If Sears [...]
Conrad – longing for the 1800s
30 March 2007As each day progresses, the Conrad Black trial in Chicago becomes increasingly about the tension between the “rights of the nobility” and the “rights of the shareholder”. Had Black been born in the 1800s instead of the 1900s, none of this would be happening. And, perhaps, had he retired even a few years [...]