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Canadian Heritage committee Let me try. As a lawyer, I'll be able to bring as much to bear to it as I can. I think there is a concern in this. It's not just our concern; it's an industry-wide concern. It involves historic content. Obviously there's value to these libraries, and there may be people buying
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee When we get involved in companies, we don't try to run the business. We're investors. In other words, we're not going to go in and become film executives. What we will do, though, is to find people we think are very capable executives, in the same way we have done at our automoti
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee Let me try to respond to that. I've spoken a lot about business. We're here. This is an investment. It's a business investment. But I don't want you to think that the Icahn Group people aren't interested in other things besides business and money. Mr. Icahn's on the board of th
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee No, I couldn't.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee Yes, we've had discussions over the last few months.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee If that's what it said in the media.... I'd have to look back in my notes to really be sure, but it's been a few months, so here we are.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee Yes, we have.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee No. I think the company works like any other company. The Canadian stockholders have their votes like everyone else.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee That's right. I think that in this case there is also the overlay, the cultural issue, the film business. This has been dealt with by Parliament. They have set up specific rules and we're following them. So it's not just another acquisition company.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee That's right.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee That's right.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee Yes, that's right.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee Thank you very much.
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee We invested in the company. We thought their stock was undervalued. We tried to get into a position where we could have a few seats on the board to represent our position. They were very resistant to doing that. We are concerned that the management team is looking at transaction
June 1st, 2010Committee meeting
Keith Schaitkin
Canadian Heritage committee Unfortunately, you keep asking me about net benefit to Canada, and that area is privileged.
June 1st, 2010Committee meeting
Keith Schaitkin