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Related:
Jul 22 09:44 am
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All Comments by Long-Short Guy »6 Book Stocks To Watch [View article]
<blockquote>
<b>Post-Potter Scholastic May Face Shareholder Exodus</b>
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...
</blockquote>
Source:
www.bloomberg.com/apps...;sid=atlUG0CHPbKs&...