Friday, 09 November 2012 13:24

Harden up!

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THE HOUND notes the proposed merger between rural supply companies South Island CRT and North Island Farmlands is hitting a bit of resistance among shareholders.

It’s even become a major factor in the upcoming director elections for Farmlands, with critics standing for the board against the merger, while incumbents defend it. One current Farmlands director standing for re-election used his weakly (sic) column – accurately described as verbal melatonin because it sends readers to sleep – in what looks like a weekly, rural real estate publication to claim how diligent he has been and whinging about critics of the merger. This old mutt suggests if the said Farmlands director spent more time looking after shareholders’ interests instead of cultivating his media image and profile he may have more luck convincing them. 

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