The Lowe’s Down

Whenever you have a big activist investor — we used to call them vulture capitalists, corporate raiders and a lot worse — breathing down your neck, it makes running your company that much more complicated…and uncomfortable. Is that what new Lowe’s CEO Marvin Ellison is dealing with now that Bill Ackman — the man who led the destruction of Penney and has made a colossal number of bad investment bets — has a sizable holding in the home improvement retailer? That’s what I speculated on in this posting:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s