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John S Chen

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BUSINESS
December 3, 2003 | Richard Verrier and James Bates, Times Staff Writers
Walt Disney Co. held its first board meeting since the high-profile defections this week of Roy E. Disney and Stanley Gold. And the consensus among the remaining directors: Good riddance. When board members convened for a three-hour dinner meeting Monday night at Disney's ABC headquarters in New York, they spent nearly 45 minutes venting over the pair's actions and expressed relief that their harshest critics were gone, a source close to the board said.
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BUSINESS
December 3, 2003 | Richard Verrier and James Bates, Times Staff Writers
Walt Disney Co. held its first board meeting since the high-profile defections this week of Roy E. Disney and Stanley Gold. And the consensus among the remaining directors: Good riddance. When board members convened for a three-hour dinner meeting Monday night at Disney's ABC headquarters in New York, they spent nearly 45 minutes venting over the pair's actions and expressed relief that their harshest critics were gone, a source close to the board said.
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BUSINESS
November 4, 2013 | By Andrea Chang
In a stunning turn of events, BlackBerry announced Monday that its $4.7-billion buyout had fallen through, that it was no longer for sale and that Chief Executive Thorsten Heins was out. Shares of BlackBerry plummeted on the news, falling more than 16% in early trading in New York. Its shares were down 13% to $6.76 at 7:50 a.m. PST. The Canadian company said the slew of announcements marked the conclusion of its review of strategic alternatives, which had seen BlackBerry shopping itself around to several potential buyers in recent weeks.
BUSINESS
November 4, 2013 | By Andrea Chang
With BlackBerry's latest upheaval, the troubled company is again facing pressure to ditch its smartphones. In a stunning turn of events, BlackBerry announced Monday that a tentative deal to sell itself to a Canadian financial services holding company for $4.7 billion had collapsed, that it was no longer for sale and that Chief Executive Thorsten Heins was being replaced. Shares of BlackBerry plummeted, closing down $1.27, or 16.4%, to $6.50. Its stock has fallen 45% this year.
BUSINESS
March 5, 2004 | Richard Verrier, Times Staff Writer
What, me worry? That was the sentiment conveyed Thursday by Michael Eisner, one day after a shareholder revolt led the Walt Disney Co. board of directors to strip him of his title as chairman but allowed him to continue as chief executive. Sounding confident and unapologetic during an interview with The Times, Eisner downplayed the growing demand for his resignation from the company he has led for nearly 20 years.
NEWS
July 12, 1998 | K. CONNIE KANG, TIMES STAFF WRITER
A century and a half after first landing on these shores as cheap labor, people of Asian ancestry have become California's best-educated and fastest-growing racial group. Driven by a wave of immigration, the Asian American population has almost tripled since 1980. The community of 3.8 million--12% of the state's population--is having an impact beyond its numbers, and is approaching a critical mass that promises to alter the way Californians work and play, shop and do business.
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