« SOXのお値段 | メイン | IPOにおける投資銀行の利益相反問題 »


Siebel directors under fire

For many companies, annual shareholder meetings typically are dull affairs. But for Siebel Systems Inc., its gathering June 8 may represent no less than a referendum on the software company's future.

Under mounting pressure to distribute some of its $2.2 billion in cash to shareholders or contemplate a sale, the embattled San Mateo, Calif., vendor of customer management software can expect a hostile crowd at the gathering in San Francisco.
Siebel shareholders Jana Partners LLC, a San Francisco fund with $4 billion under management, and Providence Capital Inc., a New York investment firm, have threatened to withhold their votes for Tom Siebel and management's other directors. Providence Capital president Herbert Denton was unavailable for comment, but he previously called Siebel a "decaying asset" and in April staged a meeting of shareholders to discuss strategic alternatives for the company.

CRM(Customer Relationship Management)のコンサルタント会社もIRは専門外ということですかね・・・また、続報が入ったら追記します。

Posted by 47th : | 11:00 | Corporate Governance



このブログをご覧になる際の注意点や管理人の氏素性についてはAbout This Blogご覧下さい。