Jan18 |
Shareholder: It’s A Comcastrophe!
Barron’s yesterday reported a major shareholder of Comcast wants Brian Roberts fired. A Jan. 14 letter from Chieftan Capital to Comcast called the Roberts’ reign of terror a “Comcastrophe” (cute) and said he should be axed. Although the Roberts family only owns 1 percent of Comcast’s shares, it owns “dual-class shares” which gives ‘em control of the company. Comcast sez it’s no big deal and it’s met with Chieftan Capital and will smooth everything over in time. Comcastrophe! |
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