January 18, 2008
Shareholder: It's A Comcastrophe!
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Barron's yesterday reported a major shareholder of Comcast wants Brian Roberts fired. A Jan. 14 letter from Chieftan Capital to Comcast called the Roberts' reign of terror a "Comcastrophe" (cute) and said he should be axed. Although the Roberts family only owns 1 percent of Comcast's shares, it owns "dual-class shares" which gives 'em control of the company. Comcast sez it's no big deal and it's met with Chieftan Capital and will smooth everything over in time. Comcastrophe!
Posted by D-Mac on January 18, 2008 10:40 AM
Posted to Comcast
, Comcastic
, Comcastrophe
, Stock Market
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