WEDNESDAY, DECEMBER 7, 2005
Daytona Beach News-Journal
The Cox Enterprise lawyer said in court: "This case is about the shameless disregard of fiduciary duty by the Davidson family," referring to The News-Journal's spending of $13 million for naming rights to a performing arts facility. (Cox is a minority owner of the newspaper.) The News-Journal's lead attorney countered: "Cox has no expert who will come forward to say cultural promotions had an adverse impact on the fair value of their shares." (Related
letter.)
Posted at 1:01:08 PM
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