| Page 2 of 2 < |
LOCAL BRIEFING
|
Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
|
Sunrise Senior Living of McLean delayed the filing because it is investigating its accounting practices.
William Blair analyst Ryan Daniels said Sunrise has more time, however. He said the company can request a review if the NYSE moves to delist its shares.
It can file its 10-K while it waits for the review.
INVESTORS
Media General Resists Nominees
Media General chief executive Marshall Morton said directors nominated by dissident investor Harbinger Capital Partners aren't qualified and shouldn't be elected to the company's board.
"Harbinger's self-serving action has created a costly and counterproductive distraction for the company," Morton said in a letter to shareholders of the Richmond company.
Harbinger, a New York hedge fund, is Media General's second-largest shareholder with an 18.2 percent stake.
Media General owns the Richmond Times-Dispatch and the Tampa Tribune, among other newspapers and broadcast stations.
Compiled from reports by Washington Post staff writers, the Associated Press and Bloomberg News.


