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<blockquote data-quote="bacha29" data-source="post: 5360543" data-attributes="member: 58386">The two additional board members were announced today . A former navy admiral and a journeyman manager. The key here is that they were to the satisfaction of DE Shaw.The thing to remember is that Shaw is only about the 15th largest shareholder. He&#039;s not big enough to take on Fat Freddy all by himself. He would have to get several other major shareholders lined up on his side to get in a proxy fight that would have even a half a chance of gaining control.So contractors DE&nbsp; Shaw is not your friend. In fact you might not want to provide any financial information . D.E. Shaw is a hedge fund/corporate raider that seeks out and exploits market abnormalities. Therefore, if a spin off/ break up/ sale off is what he has in mind and if successful there&#039;s no telling where you guys might end up at and he ain&#039;t going to give a rodent&#039;s rectum about what happens to you guys outside of how he can use you to better fulfill his aims. Keep in mind XPO spun off it&#039;s logistics/warehousing operation and is selling both it&#039;s trucking brokerage division and entire European trucking operations to raise cash and pay off some debt..... D.E. Shaw might also be thinking along those lines. This could be a very wild ride&nbsp; and remain unsettled for years.</blockquote>

[QUOTE="bacha29, post: 5360543, member: 58386"] The two additional board members were announced today . A former navy admiral and a journeyman manager. The key here is that they were to the satisfaction of DE Shaw. The thing to remember is that Shaw is only about the 15th largest shareholder. He's not big enough to take on Fat Freddy all by himself. He would have to get several other major shareholders lined up on his side to get in a proxy fight that would have even a half a chance of gaining control. So contractors DE Shaw is not your friend. In fact you might not want to provide any financial information . D.E. Shaw is a hedge fund/corporate raider that seeks out and exploits market abnormalities. Therefore, if a spin off/ break up/ sale off is what he has in mind and if successful there's no telling where you guys might end up at and he ain't going to give a rodent's rectum about what happens to you guys outside of how he can use you to better fulfill his aims. Keep in mind XPO spun off it's logistics/warehousing operation and is selling both it's trucking brokerage division and entire European trucking operations to raise cash and pay off some debt..... D.E. Shaw might also be thinking along those lines. This could be a very wild ride and remain unsettled for years. [/QUOTE]

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