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Is Mills Corp. Grinding to a Halt?

Authors :
Hudgins, Matt
Source :
National Real Estate Investor; Nov2006, Vol. 48 Issue 11, p16-16, 2/3p
Publication Year :
2006

Abstract

The article focuses on the sale of stock of Mills Corp. associated with the retirement of its CEO Larry Siegel. According to an analyst, Siegel's benefit for his retirement will create a conflict of interest. He will get $10.5 million if the company is acquired by the end of 2007. It could incentivize to vote for the sale of the company at a lower price than if he were receiving a stock payment.

Details

Language :
English
ISSN :
00279994
Volume :
48
Issue :
11
Database :
Complementary Index
Journal :
National Real Estate Investor
Publication Type :
Periodical
Accession number :
23024329