Gateway

  • Gateway

    Gateway Tells Johnny Hui To Take A Long Walk On A Short Pier

    It’s not exactly surprising news that Gateway has reacted to Lap Shun “John” Hui’s bear-hug letter with a big ‘eff-you.’ But it took longer than expected for the board of directors to dismiss Hui’s letter, which might be a signal that they actually are in the market for selling off some assets. Gateway rejects bid […]

    / Sep 1, 2006 at 3:07 PM
  • Gateway

    Bear Hugging Gateway

    The essential elements of a good bear hug letter are (a) an unsolicited and unexpected demand that a board sell all or part of its business and (b) a demand that they respond to letter in an unreasonably short time. The second point is very important because one of the points of sending a bear […]

    / Aug 23, 2006 at 3:43 PM

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