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#1
11-13-2008, 06:58 PM
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Jackson moves to buyout wayward Curlin share
Jackson Makes Bid for Curlin Interest
By Ryan Conley, Blood-Horse Jess Jackson is involved in a private bid to buy out the 20% minority interest held in reigning Horse of the Year Curlin, an apparent attempt by the owner-breeder to gain full control of the champion colt. http://news.bloodhorse.com/article/48046.htm
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans 
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#2
11-13-2008, 07:04 PM
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Any guesstimate as to how much that would entail?
__________________
"A person who saw no important difference between the fire outside a Neandrathal's cave and a working thermo-nuclear reactor might tell you that junk bonds and derivatives BOTH serve to energize capital" - Nathan Israel
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#3
11-13-2008, 08:46 PM
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Good move on his part, the share was floated on the open market and sank. Good luck to him.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#4
11-13-2008, 09:33 PM
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But if the issue is stuck in court, we may get to see Curlin again next year!
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#5
11-13-2008, 10:55 PM
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They seem pretty intent on getting something out of this situation sooner rather than later. Rooting for the court to keep holding things up might not work out for ya. I don't think Jackson would be doing this the way his is if he weren't pretty eager to get Curlin to stud for this spring so he's probably inclined to pay the most for that last 20% of anybody. If they want to maximize its value, that's the way to do it. Let Jackson's own time-sensitive eagerness bid him up.
As much as I'd like to keep seeing Curlin, esp. cuz the handicap division for males on dirt looks like it could end up a desert wasteland, he won't be going back to the Classic I think that's clear unless he develops some newfound love of Pro Ride. There's only so much more he can do. Win the record for pure N.A. earnings I guess which I believe Skip Away holds but really, the only thing that would get my attention would be an effort to face Zenyatta (which means they'd have to get Shirreffs to send her against males). Is there anybody worth trying to beat as an older male next year?
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#6
11-13-2008, 11:09 PM
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Quote:
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#7
11-13-2008, 10:58 PM
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He has been 1-9 to buy out the rest of the horse all along. He bought out the partners who werent in prison, he would have bought out the ones in prison if they could have got the money.
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#8
11-17-2008, 02:33 PM
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Quote:
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#10
11-17-2008, 06:38 PM
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From a legal perspective, the court appointed receiver can push a great deal, however, I don't know how many "fingers they can actually get on the levers of control" so to speak. For minority shareholders it's tough. They could have "forced" the interest to be sold, but we saw how far that went.
Eric
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#11
11-19-2008, 02:47 AM
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Hmmmm.. Not so simple buying this 20% and standing Curlin..
http://www.drf.com/news/article/99995.html
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans
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#12
11-19-2008, 07:54 PM
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Quote:
 http://www.hartleyderenzo.com/
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