Monday, 30 October 2017

Solomon Lew holds a legal gun to Myers head

There has been a certain inevitability that Solomon Lew would point a legal gun to Myer's head to pressure it into capitulating to his demands for board seats and a greater say in the running of the department store group.
The timing of Monday's latest missive from Lew is no accident. He is applying the blowtorch to the Myer board to release the company's sales and profit results for the latest quarter on WednesThere has been a certain inevitability that Solomon Lew would point a legal gun to Myer's head to pressure it into capitulating to his demands for board seats and a greater say in the running of the department store group.
The timing of Monday's latest missive from Lew is no accident. He is applying the blowtorch to the Myer board to release the company's sales and profit results for the latest quarter on Wednesday when it holds the annual investor day conference.day when it holds the annual investor day conference.

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