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"Shareholders needn't be too worried about Duke Energy (DUK) pulling the old CEO switcharoo,"...

"Shareholders needn't be too worried about Duke Energy (DUK) pulling the old CEO switcharoo," says MarketBeat following the unexplained and surprising decision to appoint Jim Rogers as CEO of the combined Duke/Progress and not Bill Johnson, as planned. "It is kind of weird," says ISI Group analyst Dmitri Pchelintsev. "But the fact is that Jim is more than qualified for the job."
Comments (3)
  • donvander2
    , contributor
    Comments (3) | Send Message
     
    what is going on with my duke stock ?
    3 Jul 2012, 01:07 PM Reply Like
  • njolsson
    , contributor
    Comments (24) | Send Message
     
    1 for 3 reverse split with successful merger was announced on June 26 took effect
    3 Jul 2012, 01:50 PM Reply Like
  • Killer454
    , contributor
    Comments (784) | Send Message
     
    I am guessing that this was a set up job all along.

     

    They announced the PGN CEO would take the top spot to garner more PGN shareholder votes for the merger and then after it was done, switched to what had internally been planned all along.
    5 Jul 2012, 02:40 PM Reply Like
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