April 27, 1989 |
The smallest opening-day crowd in track history--16,675--turned out at Hollywood Park Wednesday, and that wasn't even the bad news. That--as far as management was concerned--was the announcement by shareholder Thomas Gamel that he plans to launch a proxy battle for control of the track's immediate future. Gamel, who owns 5.6% of Hollywood Park common stock, has been highly critical of track management in recent months, primarily targeting Marje Everett, chairman of the board and chief operating officer.
January 3, 1991 |
Santa Anita, as recently as early 1990, entered into secret discussions with a board member of Hollywood Park that would have led to the elimination of racing at the Inglewood track and the transference of most of those dates to Santa Anita. Santa Anita went so far as to commission a major study that included a map of Hollywood Park property to be sold and the redistribution of racing dates.
February 25, 1986
Arcadia-based Santa Anita Cos., which is composed of Santa Anita Realty Enterprises and Santa Anita Operating Co., elected Thomas W. Gamel, 45, and Robert H. Strub, 31, as directors of Santa Anita Realty and Gamel and John M. Strub, 29, as directors of Santa Anita Operating. Fred H. Ryan resigned as a director of the real estate unit and Frank E. Kilroe as a director of Santa Anita Operating.
June 13, 1989
Thomas W. Gamel said that Hollywood Park has agreed to turn over a list of its shareholders. Gamel had sued to obtain the list, which he hopes to use to gain support for a proposal to convert the race track to other uses. Gamel, who has a 5.6% share in Hollywood Park stock, has proposed that the 340-acre site be converted to an off-track betting facility or a football stadium.
October 13, 1989
Hollywood Park and dissident stockholder Thomas W. Gamel apparently ended their feud Thursday. Hollywood Park Realty and Hollywood Park Operating Co. have agreed to nominate Gamel to the board of directors of each company, and he has agreed to withdraw the slate of directors he had nominated and will vote his shares for the boards' nominees.