InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.20
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,387.32
(
0.13%
)
Post# of 20680
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

satelliteguy

Send PM Follow Ignore
Followers 303
Posts 4450
Boards Moderated 2
Alias Born 05/03/2007

satelliteguy

Re: gabeh post# 9669

Friday, 01/04/2013 12:00:48 AM

Friday, January 04, 2013 12:00:48 AM

Post# of 20680
"That's totally ridiculous and an irresponsible thing for a losing company to do."

No question. It would be totally ridiculous even without the suggestion that Lenfest would allow the company to pay this dividend to all shareholders other than himself. That is truly loony. I don't even know how it could be done, from a legal and tax standpoint. That would be unequal treatment for people who hold the same class of stock (i.e., common stock), not holders of different classes of shares.

.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up