SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : THQ,Inc. (THQI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Apakhabar who wrote (8780)11/30/1998 10:57:00 AM
From: Sigmund  Read Replies (2) of 14266
 
<<< warning that THQ might do something dilutive within the next three or four months.<<<

Strange that the M&A man was made a Co-Chair of the Board.

<<<<< Jeffrey Lapin, who is currently a director of THQ, has accepted
the newly created position of vice chairman. Lapin will work on mergers and acquisitions, as well as strategy and planning with Brian J. Farrell, president and chief executive officer, THQ. Lapin was most recently president of House of Blues Hospitality, and previously was president and CEO of Starwood Hotels & Resorts.<<<

Vice-Chair is a Board position i.e. he is not an officer of the company if I read this correctly.

I interpret this as possible a board revolution over THQI's acquisition strategy. Looks like they want someone a bit more knowledgeable about this than Farrell.

My guess is that they expect THQI to be bought out. Why else put a hotel person in charge of M&A. How about gambling. Does Lapin have expertize in that area. Gambling and electronic games may go together.

This is certainly an intriguing move which I think long term is bullish even though it may be unsettling for a while until people make up their own minds as to what is going on.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext