(Bloomberg) -- After the final adventures of Harry,
Hermione and Ron, Scholastic Corp. may face an exodus of
shareholders if the company doesn't consider selling itself.
Investors including Mark Boyar of Boyar Asset Management
Inc. say the New York-based publisher should be sold because
Chief Executive Officer Richard Robinson, who has run Scholastic
since 1975, hasn't used the windfall from ``Harry Potter,'' the
biggest hit in books in the past decade, to build successful new
businesses. Robinson said today he has no intention of selling.
Read more at Bloomberg Exclusive News
Hermione and Ron, Scholastic Corp. may face an exodus of
shareholders if the company doesn't consider selling itself.
Investors including Mark Boyar of Boyar Asset Management
Inc. say the New York-based publisher should be sold because
Chief Executive Officer Richard Robinson, who has run Scholastic
since 1975, hasn't used the windfall from ``Harry Potter,'' the
biggest hit in books in the past decade, to build successful new
businesses. Robinson said today he has no intention of selling.
Read more at Bloomberg Exclusive News
No comments:
Post a Comment