I saw this Youtube vid and had no idea how Cabelas was coerced to sell and the guy who was forcing them to sell( owned 11% of the stock) cashed out after they sold and killed the town of Sidney, Nebraska and 2000 jobs. It sounds like a modern-day Gordon Gekko move.
The reporter talks about banning this type of "Vulture capitalism". I am not for more Gov't. But, did this hedge fund guy( Singer) find a loophole in the system or is this kind of thing legit?
Something about this smells.
It is hard not to feel bad for workers who get eaten up like this.
[ame="https://www.youtube.com/watch?v=UatnTSwEUoc"]Hedge fund forced Cabela's merger, decimated jobs in Sidney, Nebraska - YouTube[/ame]
The reporter talks about banning this type of "Vulture capitalism". I am not for more Gov't. But, did this hedge fund guy( Singer) find a loophole in the system or is this kind of thing legit?
Something about this smells.
It is hard not to feel bad for workers who get eaten up like this.
[ame="https://www.youtube.com/watch?v=UatnTSwEUoc"]Hedge fund forced Cabela's merger, decimated jobs in Sidney, Nebraska - YouTube[/ame]
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