Surely, this couldn't possibly be the case in this incident. I simply cannot believe that the majority stakeholder in this investment company would be engaged in behavior like that! What was his name again? Kashner, Kitchner, Korchner? Bah, I just can't think of it! Whatever, I'm sure he learned business from a very stable genius.You don't say.
There are plenty of takeover folks who do just that, and there are plenty of articles talking about them. They are in the habit of buying businesses based more on the amount of cash they have in the bank rather than any interest in what they do.
--Patrick