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Transcript: Shareholder Puts Bullseye On Target's Board
- Article from:
- NPR Morning Edition
- Article date:
- May 27, 2009
- Author:
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STEVE INSKEEP
NPR Morning Edition
05-27-2009
Shareholder Puts Bullseye On Target's Board
Host: STEVE INSKEEP
Time 11:00-12:00 PM
Play Audio
STEVE INSKEEP, host:
One of the country's biggest retailers holds its annual shareholder meeting tomorrow. Target was beloved by consumers and Wall Street investors though that was before the downturn. Its share price has gone down sharply and one investor is especially disappointed. He's one of Target's biggest shareholders and he's lost so much of his investment, initially worth billions, that he is now campaigning to shake up Target's board in what's become an expensive and high- profile fight. NPR's Yuki Noguchi has the story.
YUKI NOGUCHI: ...
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