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Archive for the 'My big fat deal' Category

Chesapeake: Still a gusher…

Tuesday, April 24th, 2012

Some footnoted frequent fliers are gifts that keep on giving, and probably none more so than Chesapeake Energy (CHK). Chesapeake and its chief executive, Aubrey K. McClendon, won our 2009 Footnote of the Year contest (no great honor, trust us) with the disclosure that the company had bought the executive’s antique map collection for $12.1 million. [...]

The many paychecks of Barry Diller…

Monday, April 23rd, 2012

No one can accuse Barry Diller of putting all his eggs in one basket. Indeed, the busy septuagenarian just got a few new “eggs,” thanks to the 8-K that TripAdvisor, Inc. (TRIP) filed late last Friday afternoon. Filed at 4:02 p.m. on April 20, the brief filing (which also gives Stephen Kaufer, TripAdvisor’s president and CEO, a [...]

Return of the executive dude ranch…

Tuesday, April 17th, 2012

We’ll just cut to the chase: This is a post about a company that saw fit to pay its chairman more than a half-million dollars last year to use his Montana cattle ranch — including, presumably, its golf course, “handsome, well-appointed lodge,” and full-service gym — and buy a wide range of goods and services [...]

Sweet deals in Dole’s proxy…

Monday, April 16th, 2012

Biting into the proxy that Dole, Inc. (DOLE) filed April 13 was a little like eating a fruit salad with just a few ingredients that got a little repetitive.  ”Oh, great – another bite of cantaloupe….” Except in the case of the proxy, the ingredients we kept encountering were the related party transactions between Dole, [...]

Director pay: how high can it go?

Friday, April 13th, 2012

We’re deep in the heart of proxy season, at least for the next few weeks (the deadline for companies on a calendar year is April 30), which means that each new day brings a crop of new and exciting disclosures about those Demi-gods who either run public companies or are lucky enough to be invited [...]