Call it a Lapse Five of the six innings in my son’s little league game tonight were well-pitched, well-fielded and otherwise closely contested. And then there was the second inning, when my son’s team walked in 18 — as in “o-n-e e-i-g-h-t” — runs. Final score: 20-5. Oh, well . . . . P.S.: eleven year-old pitchers...Read More
Two Tales, Both Stinky* ConAgra Offers to Acquire Ralcorp for About $4.9 Billion –headline, Bloomberg.com (5/4/2011) It’s hardly unusual for the target of a corporate acquisition to jump in price: such deals often occur at premiums, and can occasionally trigger bidding wars, further goosing the target’s stock price. So, what’s the big deal about Ralcorp...Read More