Tom Jackson, a business reporter at the Sandusky Register in Ohio, writes about the conflict of interest he now has in covering a major news story.
Jackson writes, “As the business reporter for the Register, I’ve been tasked with covering Cedar Fair and its attempted acquisition by Apollo Global Management.
“But I have a possible conflict of interest to disclose: I now have an equity stake in the company.
“My boss ordered me to buy one unit, so there would be no question I could get in to cover the meeting.
“My unit allows me one possible vote on the merger, although I have less of a voice than, say, Geoffrey Raynor of Fort Worth, Texas, who as of Feb. 12 controlled 10,021,418 units, about 18 percent of the total.”
Read more here. The paper is asking readers how Jackson should vote.
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