The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Berkowitz Sheds More Light on St. Joe Plans Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 14, 2011

Berkowitz Sheds More Light on St. Joe Plans

by: Hung Tran

Bruce Berkowitz doesn't want to take over St. Joe and he has no interest in taking the company private, Morningstar reports.

Berkowitz told Morningstar fund analysts Ryan Leggio and Kevin McDevitt, who recently visited with the Fairholme Fund [see profile] chief in his Florida offices, that he "would be happy to step off the board; that's not the business we're in. But if it's going to be valuable to our shareholders and to the shareholders of St. Joe, then we'll stay. It depends also to what extent what St. Joe becomes."

He added that "the worst case is going to work out reasonably well for [St. Joe] shareholders." 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use