Industry Expert Blogs
Farewell to Wally Rhines at Mentor?-May 28, 2010 |
A friend just sent me the news link that Carl Icahn is making a bid to control Mentor Graphics with a 6.9% equity position in MENT stock. Of course that news helped boost the share price of Mentor Graphics.
What Mr. Icahn is often able to do is take over a company, place his people on the Board of Directors, then start shedding jobs or merging the company.