CE issued this short press release, stating that the offer from Staples is now unconditional. More interestingly, the same release also stated that an agreement has been reached with Mr. Floris Waller, CFO of CE, whereby his contract of employment for an indefinite period of time will be modified and continued initially for a period of 6 months. It seems logical that the services of Mr. Waller will not be required much longer, when CE becomes integrated in Staples, instead of being an independent listed company. Given the events of the last 5 months, I find it hard to imagine that there is a warm relationship between Mr. Sargent and Mr. Ventress, the CEO of CE, and I would not be surprised if the career of Mr. Ventress in Staples will not last very long either. (end of post)
donderdag 3 juli 2008
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