BIGBlack From United States of America, joined Aug 2004, 600 posts, RR: 0 Posted (9 years 10 months 2 weeks 1 day 12 hours ago) and read 1745 times:
Instead now he is pissing off NON aviation people.
Antioco Hits Back at Icahn
A war of words between Blockbuster CEO John Antioco and the company's biggest shareholder, Carl Icahn, escalated Monday as Antioco released a public letter to Icahn accusing him of creating "turmoil and uncertainty" among investors. The letter came in response to Antioco's recent blast accusing Icahn of taking an "unconscionable" compensation package, going on a "spending spree" with company money and failing in his effort to acquire competitor Hollywood Video. In his letter, Antioco maintained that his compensation was hinged to Blockbuster's performance and that he had in fact cut spending significantly.
DL021 From United States of America, joined May 2004, 11447 posts, RR: 74
Reply 4, posted (9 years 10 months 6 days 15 hours ago) and read 1654 times:
After he killed TWA, in a most despicable manner, I fail to understand why anyone allows him to invest in their company as he has been shown to be a company killer and a murderer of the golden egg laying goose.
Public companies that are targeted by an investor like Icahn should develop strategies to poison pill themselves rather than have him buy his way onto the board.