- 4 - Inc., a New York Stock Exchange publicly traded company.2 As of the date of decedent’s death, Capital Cities/ABC, Inc., or its predecessor, apparently had owned these shares of TPC common stock for at least 10 years. During 1998 and subsequent years through the time of trial in 2003, Holst-Knudsen was president and Jose E. Andrade was chairman of the TPC board of directors. Both Holst-Knudsen and Andrade are grandsons of Harvey Mark Thomas, TPC’s founder. None of the shares of TPC common stock has ever been publicly traded, and, in the 10 years before decedent’s death and in the years after decedent’s death through the time of trial, no sales of TPC common stock occurred. Also, as of May 2, 1998, no buy/sell agreement or stockholder agreement affecting the value of TPC common stock was in existence. Over the years, TPC’s primary business has been the production and sale of industrial and manufacturing business guides and directories. TPC’s business directories provide 2 In 1996, the Walt Disney Co. (Disney) acquired Capital Cities/ABC, Inc., for $19 billion. The TPC stockholder list in evidence apparently does not take into account this 1996 Disney acquisition and therefore provides the former name of this outside TPC stockholder. Herein, we refer to this stockholder as shown on TPC’s stockholder list.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011