Style, you
either have it or you
don't. And if you have it, you have it
all the time.The Rogue Goes to the Dogs - Part 2
by Tux Toledo
Page 16
I
remained
convinced that the Spectrum Pharmaceuticals deal was behind Nick's
field trial failures. With that in mind, I decided to learn more about
it. Spectrum Pharmaceuticals, that is. That meant
dinner
with Harry Avalon.
We dined at the Pacific Union Club, Harry's
favorite spot. It was the only place left in San Francisco
that
allowed him to cling to a past that had passed many years
ago. A
historic-looking servant seated us at "Harry's table” and we got down
to business.
"There are two main players," Harry said over a
steak the size of Rhode Island. "Nick Arthur and Lester
Mospeete.
Nick's attempting a hostile takeover. He's been acquiring shares and
he's making an offer for more. If he gets his way he'll dismantle
Spectrum and no doubt make a handsome profit.
"Lester is
Spectrum's CEO. He, of course, wants to save the company and his job.
He's cultivating this white knight image, good guy company man saving
jobs and what not. He's made several impassioned pleas to the
shareholders not to sell to Nick. It's been a standoff so far, with
Lester claiming he's saving jobs and Nick claiming mismanagement."
"What about this Nick Arthur?" I asked.
© 2008 David Biagini