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  • Super User
Posted

Irvin Jackobs, depending on who you talk to has either resigned or been forced to resign. This was posted on another site.

The court said in light of his comments pertaining to the sale it was in everyone's best interest that he resign. Whether he resigned or was forced out is a matter of argument.

  • Super User
Posted

That breaks my heart. ;)

Is he still a contender for buying them out?

  • BassResource.com Administrator
Posted

Umm....despite how scandelous another site would have you believe, Irwin resigned in order to avoid a conflict of interest as he persues a buyout of the company. "Jacobs has said he plans to be the highest bidder for Genmar's assets."

http://www.tradeonlytoday.com/home/500824-jacobs-resigns-as-genmar-ceo

Funny how a gossip site spins it. ;D

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