Joined: 08 Jul 2003
Posts: 5007
| Posted: Wed Aug 06, 2003 4:14 pm Post subject: Influence,10% Ownership,Merger Or Hostile Take Over | |
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In this weeks BusinessWeek the article @ http://biz.yahoo.com/bizwk/030806/b3845049_1.html talks about Eddie Lampert's "influence" being the 2nd largest individual stock holder with 10% of stock but what it doesn't tell you that his "companies" already own about another 20% via KP I Partners LP and ESL Investments-see links in order http://biz.yahoo.com/t/in/s/s.html , http://biz.yahoo.com/t/97/342.html , http://biz.yahoo.com/t/75/4800.html .Company already set up for a hostile take over and could explain the massive cash strapping stock buy back of 2nd quarter.
Last edited by dictators_rule on Wed Aug 06, 2003 5:08 pm; edited 1 time in total |
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Joined: 07 Jul 2003
Posts: 762
| Posted: Wed Aug 06, 2003 4:26 pm Post subject: | |
I heard Gordon Gecko was interested in Sears too!
 
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Joined: 08 Jul 2003
Posts: 5007
| Posted: Wed Aug 06, 2003 5:04 pm Post subject: gordon gecko would've done a better job | |
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already a lower wage paying retailer,an attrition rate far greater than a layoff rate and have many overpaid execs as well.I'm waiting with anticipation for my blue smock and probably more money.
Last edited by dictators_rule on Mon Aug 11, 2003 1:38 am; edited 1 time in total |
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Joined: 08 Jul 2003
Posts: 5007
| Posted: Wed Aug 06, 2003 5:33 pm Post subject: Let's Take That One Step Further | |
| Since Sears is already a substanstial stock holder in both KPI and ESL is this already a 'marriage of convenience'?. | |
Joined: 08 Jul 2003
Posts: 5007
| Posted: Mon Aug 11, 2003 12:58 am Post subject: New Players or Old Players In This Game:Who is in Charge?. | |
If one were too look at the holdings of ESL Investments,KP I Partners LP (Eddie Lampert) and the Royal BanK Of Scotland (RBS) you see lots of things in common and one must ask is this a coincidence?.Everyone thinks Eddie Lampert and ESL and KPI will save the day but will it actually the RBS?.See RBS institutional holdings @ http://www.multexinvestor.com/InstitutionalHoldings.aspx?filer_id=263550&target=%2fmarkets%2foresources%2finstitutional%2ftopholdings .(Reference the ESL and KP I holdings in original post in thread).Not only did RBS get an opportunity to buy the CC but they REFUSED  .Is this just someones way of just reCIRCULATING the $$$.Even if Eddie Lampert got RBS to invest in his "undervalued" companies this puts the RBS in an advantage.
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Joined: 05 Jul 2003
Posts: 99
Location: New England
| Posted: Mon Aug 11, 2003 1:32 am Post subject: | |
Thanks for the info dictator. Follow the money! 
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Joined: 08 Jul 2003
Posts: 5007
| Posted: Mon Aug 11, 2003 1:33 am Post subject: Previous Post Link Corrected | |
| Previous post link corrected,Apologies | |