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Von Stan 24.01.07 : Super dass da jetzt neben Libuda noch jemand das Management feuern möchte bzw. ihm Feuer unter den Hintern machen möchte: EW YORK, Jan 22 (Reuters) - Mason Capital Management LLC, a $2 billion hedge fund manager, on Monday stepped up a dissident shareholder campaign at Internet Capital Group Inc. (ICGE.O: Quote, Profile , Research), the former high-flying Internet investment company. Mason, which holds a 9.5 percent stake in Internet Capital, said it hired a proxy solicitation firm in what may be a move to run a slate of directors at the next annual shareholders meeting, according to a filing with the U.S. Securities and Exchange Commission. New York-based Mason didn't name the proxy solicitation firm or further disclose its intentions for the company in the filing. A spokesman for Mason declined to comment. Mason said the proxy firm was hired to consider "a proposal that may result in a change in the present board of directors or management" of Internet Capital, according to the filing. Activist hedge funds like Mason typically threaten to run slates of directors or take other measures in companies which they view as underperforming. Reuters Pictures Editors Choice: Best pictures from the last 24 hours. View Slideshow Shares in Wayne, Pennsylvania-based Internet Capital hit a high of $212 a share in December 1999 on investor optimism about its business of investing in internet companies. However, the technology fallout in succeeding years hammered the stock, causing the company to slim down from around 80 companies to less than two dozen today. Internet Capital shares closed at $10.26 on Nasdaq on Monday, down 8 cents Was auch sehr wichtig ist, die Schutzengelfunktion des Management für Shorter und nackte Shorter ist weg, denn die Mason ist an steigenden Kursen schon jetzt interessiert und nicht erst in Jahren wie das Management, das zunächst noch billig einsacken möchte. |
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| aus der Diskussion: | Internet Capital Group ICGE für fundamental Interessierte |
| Autor (Datum des Eintrages): | ixilon (04.02.07 21:48:53) |
| Beitrag: | 11,066 von 11,250 (ID:27429415) |
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