TSX:RON.PR.B - Post by User
Post by
BearBullBrianon Nov 14, 2012 11:11am
104 Views
Post# 20598613
Time for the board to go
Time for the board to go https://www.theglobeandmail.com/globe-investor/key-investor-seeks-to-oust-rona-board/article5270938/
At least one investor is stepping up to the plate and I support that. If this board wants to continue on the suicidal path set by Dutton, then they have to go. They may have to go anyway for supporting it in the first place.
And concerning Lowe's possible offer, I don't think the PQ with their razor thin minority are going to make much trouble for a buyer of this moribund company. Plus, they may have to fire Sabia to force the Caisse to buy more Rona.
BBB