Tuesday, February 05, 2008

No Rumors
I know of no rumors on Thompson's departure from Grubb & Ellis. I just find it odd that he would orchestrate the merger and then quit two months later. He owns 13% of the company and GBE's stock has dropped approximately 65% since the merger was announced last May. Thompson has a reputation as a hard-nosed boss who likes control. I'll say it again, it just seems odd that he would depart now.

No comments: