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Echo Global Logistics, Inc. Message Board

neoquant 3 posts  |  Last Activity: Apr 7, 2016 3:36 PM Member since: Apr 16, 2012
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    what slimy management

    by sam_0534 Apr 7, 2016 2:05 PM
    neoquant neoquant Apr 7, 2016 3:36 PM Flag

    What a disaster. Rivernorth negotiated their own bailout in return for their vote. Mangrove got a seat in return for their vote. No honor among thieves I guess.

  • neoquant by neoquant Apr 7, 2016 12:04 PM Flag

    So they are are saying the vote to get rid of FSAM failed. I had thought the ISS recommendation would make this a no-brainer win. But I guess there were too few major holders that followed the ISS suggestion. And seeing that one of the outside holders (Mangrove) wrangled a seat on the FSAM board (announced today) indicates that there was some backroom dealmaking. This is an unfortunate outcome.

  • neoquant by neoquant Mar 10, 2016 9:25 PM Flag

    Very curious how the stock was sold off on the earnings report. Based on how management is performing and overall earnings growth, it seemed like the reaction would be more positive.

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