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…this may well be the story of a company being sold off…
I’m actually expecting this to result in HTF being sold to Monotype.
Or block it. Who wants to buy a $80M liability?
But I have a feeling that when someone pulls the kind of shady moves claimed in the filing, he probably has contingency measures all figured out […]
Sorry, John, but business is seldom so black and white. This is no poison pill.
29. After he signed the Sale and Assignment of Type Fonts, Frere-Jones repeatedly [emphasis mine] asked Hoefler to complete his part of the bargain and transfer half of the ownership in HTF to him, and Hoefler repeatedly acknowledged his obligation to do so, but each time begged off purportedly due to the pressures of work or his personal life. As a good partner, Frere-Jones respected Hoefler's wishes.