Carbonite (CARB) CEO David Friend admits the decision to withdraw from sponsoring the Rush...
Saturday, August 11, 2012, 8:15 AM ETCarbonite (CARB) CEO David Friend admits the decision to withdraw from sponsoring the Rush Limbaugh show after the radio host called a woman a "slut" on the air didn't pay off for shareholders. CARB's Q2 results missed growth targets and its stock price fell 15%. Friend says that while he stands by the decision, the move caused "a bigger hole in our revenue than we thought."
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