——————–
Pandora, whose stock has fallen more than 60 percent since October, is said to be working with Morgan Stanley to meet with potential buyers.
“It has lots of users but can’t grow revenue quickly enough,” said Erik Gordon, a professor at the Ross School of Business at the University of Michigan. “It is another stumbling pioneer.”
Erik Gordon
Ross School of Business
University of Michigan
Erik Gordon
Ross School of Business
University of Michigan
Link: http://www.reuters.com/article/us-meda-m-a-mylan-nl-idUSKCN0VJ2IK
——————–
The drug company M&A continues:
http://www.reuters.com/article/us-meda-m-a-mylan-nl-idUSKCN0VJ2IK
—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
——————–
(It is better to be at a growing, entrepreneurial company.)
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
Link: http://www.statnews.com/pharmalot/2016/02/02/maura-healey-drug-prices/
——————–
Regarding the widely-questionned threat by the Attorney General of
Massachusetts to sue Gilead for pricing its Hep-C product “too high”:
“I don’t know of any state unfair trade practices law that gives a state
the right to regulate [drug] prices,” said Erik Gordon, a business and law
professor at the University of Michigan. Moreover, as he and other legal
experts wonder: How high is too high?
Suing over drug prices, although a clever ploy, is unlikely to succeed
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
——————–
“Twitter has been going nowhere but down,” said Erik Gordon, a professor at
the University of Michigan’s Ross School of Business. “It is easy prey for
a takeover, and a go-private deal with Silver Lake could be its best bet.
Silver Lake is smart, patient money in the IT space.”
—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
Link: http://cms.marketplace.org/2016/01/29/life/mid-day-update/leaving-golden-parachute
——————–
Talking about executive compensation and corporate governance last Friday:
http://cms.marketplace.org/2016/01/29/life/mid-day-update/leaving-golden-parachute
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
——————–
In a story quoting Apollo’s co-founder, Josh Harris on the difficulties PE firms are facing:
“Banks have been suffering severe indigestion over high-yield loans to which they were committed,” Erik Gordon, a professor at the University of Michigan’s Ross School of Business, said after Harris spoke. “It will be a while before their appetite for new loans reappears.”
Same story at The Washington Post:
http://washpost.bloomberg.com/Story?docId=1376-O1QFUH6JTSE801-2ISVH8V8BHBD0SIIEE099DS102
Erik Gordon
Ross School of Business
University of Michigan
Erik Gordon
Ross School of Business
University of Michigan
Link: http://media.bloomberg.com/bb/avfile/vDXco5D9.ons.mp3
——————–
If you can stand to hear more about it and the screw up in the first case.
I am misidentified as a business law professor at Ross. The Business Law
faculty has been wise enough to not take me in.
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan
Link: http://www.businessinsider.com/uber-still-doesnt-have-a-cfo-2016-1
——————–
http://www.businessinsider.com/uber-still-doesnt-have-a-cfo-2016-1
Erik Gordon
Ross School of Business
University of Michigan
——————–
Johnson Controls is acquiring Tyco. The combined company will be run by Johnson’s CEO – who has an interesting record.
“In an era when investors and the public expect earnings performance to be accompanied by ethical conduct, it’s a surprise he’s running JCI let alone the combined company,” said Erik Gordon, a business professor at the University of Michigan’s Ross School of Business.
Erik Gordon
Ross School of Business
University of Michigan
Media Appearances 