Saturday, November 24, 2012

MEGA NEWS FOR BAUPOST'S MEGA FLAME OUT

Baupost’s Highland Scraps Plan for Canada Rock Quarry
http://www.bloomberg.com/news/2012-11-21/baupost-s-highland-scraps-plan-for-canada-rock-quarry.html
"An investor group that includes Seth Klarman’s Baupost Group LLC withdrew a proposal to build a rock quarry in Ontario after local residents opposed the plan.


Baupost Group’s Highland Companies Resign in Battle Over Mega-Quarry Deal
http://www.valuewalk.com/2012/11/baupost-groups-highland-companies-resign-in-battle-over-mega-quarry-deal/
Good news for farmers, but bad for the $26 billion hedge fund, Baupost Group. Seth Klarman has a controlling stake in Highland Companies. The project, had it materialized, would have given Baupost control over the second largest limestone mine in North America, with deposits worth billion of dollars.

The abandonment of the Melancthon quarry project is one of the rare representations of successful activism from the community.

AND OH YEAH, DONALD HAS A MESSAGE FOR YOU Mr. Lowndes-YOU'RE FIRED.

AND as much as I would LOVE to run a poll on what career people feel Lowndes should move on to,
I do hate to kick a man when he is down....
but when gets back up on his feet, watch out.





1 comment:

  1. |hear Mavis is wandering around town all on her lonely looking for friends in foodland stuff. I guess she isn't welcome in Rosedale anymore.

    ReplyDelete

Followers