Cairo attacca RCS: “Ha fatto troppi errori. A pagare solo i dipendenti licenziati”

ECONOMY (Milan). This morning the extraordinary meeting of Cairo Communication took place for the proposal of the share capital increase. At the end Urbano Cairo shed light on the negotiations with RCS. "The objective of my proposal is 50 + 1 and it has not changed because to manage that company you need to have total governance and therefore 50 + 1". Then he lashes out against the RCS board. "It did not seem to me to be a very high level thing that this board pronounces itself prematurely without having yet published the offer prospectus, rejecting it without knowing it. You are a company that burns 10 million a month and you have a publisher who has done good things in recent years by turning around several companies. This publisher makes an offer and you don't even see it by rejecting it immediately? I think a board should work differently". Finally he closes by attacking once again the work of RCS in recent years. "He sold things he shouldn't have sold, he didn't cut costs and he didn't develop revenues well and there would be the possibility of doing so in newspapers and magazines. He sold a property by re-renting it at exorbitant costs and those who lost out were the employees he fired. Because RCS fired so many people who are the only ones who lost out and who paid for the company's mistakes". (Francesco Marotta/alaNEWS)