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Daily News; White Plains
NEW YORK (HedgeWorld.com) - Geac Computer Corporation Ltd. officials are probably ruing the day their software company caught the attention of hedge fund manager Eric Rosenfeld. That's because Mr. Rosenfeld and his firm Crescendo Investments now hold about 4.3 million shares of Geac, or about 5% of all shares, making the Crescendo Partners II LP fund one of the largest single investors. Crescendo has initiated a proxy fight in advance of Geac's Sept. 13 annual meeting seeking to get Mr. Rosen...
Update: Crescendo Withdraws Dissident Geac Board Nominee
NEW YORK (HedgeWorld.com) - Crescendo Investments blinked Tuesday in its stare-down with Canadian software company Geac Computer Corporation Ltd. Eric Rosenfeld, who runs Crescendo and manages the Crescendo Partners II LP hedge fund that owns about 5% of Geac, issued a statement saying the man it had plugged for a dissident seat on the board - along with Mr. Rosenfeld - would not be running after all because of a previously unknown conflict.
Mum Who Abandoned Iani Refuses to Sign Release
IANI LINGURAR'S natural mother is refusing to sign the Romanian boy over to his New Plymouth foster mum Alana Cleland. Romanian social workers have finally tracked down the woman who abandoned Iani (7) to an orphanage as a baby.
Security Guard Sours Things for Flag-Waving Rugby Fan
ONE of Taranaki's most fervent rugby supporters was threatened with eviction from Yarrow Stadium on Saturday for waving a flag supplied by the team's major sponsor. Mike Morresey was told to get out of an area a security guard considered off-limits during Saturday night's 32-8 NPC division one win over Northland.
Drugs, Alcohol Linked to Accidents
AS many as a quarter of all accidents on construction sites could be due to the effects of drugs or alcohol, the Department of Labour claims. Statistics from Australian research showed the link in one in four health and safety incidents on construction sites, Department of Labour Health and Safety Taranaki manager Brett Murray said yesterday.
Duynhoven: Speeding Story a Media Beat-Up
TRANSPORT Safety Minister Harry Duynhoven was shifting the blame as quick as the speeding Governor-General's car yesterday. The New Plymouth MP accused the media of a beat-up over his defence of the Governor-General's speeding Jaguar Sovereign.
Future of Pukekura Park Kiosk Up for Discussion
THE future of New Plymouth's Pukekura Park kiosk is under review. The condition of the kiosk, which was built in 1931 and which has a Historic Places Trust Category A listing, was poor, but it was not a safety hazard, New Plymouth District Council property assets manager Gavin Thorley said.
Derek Rates As Taranaki's Top-Level Rubbish Collector
A TRAMPER who clears Mt Taranaki of rubbish has collected hundreds of pieces of broken glass and smashed plane from its summit. Derek Andrews carries empty bread bags when he climbs the mountain in case he stumbles across any litter.
Iwi Disagreement Stalls $34m Settlement
TE ATIAWA'S $34 million Treaty of Waitangi claim remains in limbo while members of its iwi authority disagree over the mandate to settle. Te Atiawa Iwi Authority (TAIA) chairwoman Wikitoria Keenan said the Crown recognised the iwi mandate in 1997.
Walkway Concept to Get Waitara Section
THE coastal walkway concept is moving north. At the beginning of next year, work will start on a coastal and river walkway in Waitara.
Transit Backs Down Over Speed Limit
A COMMUNITY backlash has thwarted a proposed increase in the speed limit through a small rural Taranaki town. In February 2005, Transit New Zealand, after conducting a review of speed limits on all roads it controlled, planned to increase the speed limit through the coastal town of Rahotu from 50km/h to 70km/ h.
Holistic Calling and Mayor's Words Bring British Doctor to New Career
WHEN Englishman Leeroy William and his family were considering moving to New Plymouth, it was a chat with mayor Peter Tennent that tipped the balance. With job offers for Dr William in New Plymouth and Invercargill, the couple decided to visit a New Zealand expo in London last year, where they met Mr Tennent.
South Taranaki Identity Recalled
PROFESSIONAL stockman, champion dog trialist and dog trainer, champion of grassroots democracy, outspoken, opinionated, argumentative and a prolific writer of letters to the editor. That was R. K. (Keith) Jones, who died in Patea last Tuesday aged 76.
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