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Last month, when Berkshire Hathaway (BRK.A) announced its plans to buy Burlington Northern Sante Fe (BNI), several stories, including this one hinted at how quickly the deal came together. If memory serves, one story that I can’t seem to find said the deal came together in just 10 days — which seems like some sort [...]
We were expecting a big dump on both Wednesday afternoon and again on Friday. Something good and juicy from some big-name company hoping to get lost in the Thanksgiving frenzy! Boy were we disappointed! According to the folks at SEC Watch, Fortune 1000 companies only filed 32 8Ks on Thursday and only 7 on Friday. [...]
Yesterday, Movado (MOV) announced that its longtime Chairman and CEO, Gedalio Grinberg, had died on Sunday, which reminded me of this agreement that we spotted in an 8K filed just before the Christmas break when all sorts of stuff was buried. While it’s fairly common to include survivor benefits, especially for a founder of a [...]
Earlier this week, we asked footnoted.org readers to vote on the worst footnote of 2008. And while it wasn’t a blow-out like last year, when readers overwhelmingly chose Qwest (Q), this year’s contest was a lot closer. But A. Schulman’s (SHLM) fishing camp disclosure took the top prize for worst footnote of 2008. Here’s the [...]
A few years ago, friends of mine were going through a rough patch in their marriage because she was spending too much time on a site called Adult Friend Finder (no link included for firewall reasons) — something that the husband only found out about after hiring a private detective. I was fascinated with the [...]
