Disir
Platinum Member
- Sep 30, 2011
- 28,003
- 9,608
- 910
The new owner of the country’s national airline, Eli Rozenberg, is not allowed to ask his father, US-based businessman Kenny Rozenberg, for any additional investment in the company.
I read the above and it seemed like Dad made the decision.
Nope. Israel made the decision. The 26 year old is a citizen and dad isn't.
And here is some more stuff he can't do:
The state attached several strings to the decision, The Marker reported on Sunday. The new owner will not be able to ask his father for any more funds concerning El Al. The new CEO of the airline, as well as the majority of the board, will need to be people with at least five years of experience in the field. No blood relatives of the Rosenberg family may hold positions in the company. The young owner cannot sell his stocks to his father nor can his company sell more than 5% of its stocks without the approval of the Israeli authorities.
26-year-old yeshiva student takes reins of El Al, some strings attached
The new owner of the country’s national airline, Eli Rozenberg, is not allowed to ask his father, US-based businessman Kenny Rozenberg, for any additional investment in the company.
www.jpost.com
I read the above and it seemed like Dad made the decision.
Nope. Israel made the decision. The 26 year old is a citizen and dad isn't.
And here is some more stuff he can't do:
The state attached several strings to the decision, The Marker reported on Sunday. The new owner will not be able to ask his father for any more funds concerning El Al. The new CEO of the airline, as well as the majority of the board, will need to be people with at least five years of experience in the field. No blood relatives of the Rosenberg family may hold positions in the company. The young owner cannot sell his stocks to his father nor can his company sell more than 5% of its stocks without the approval of the Israeli authorities.
26-year-old yeshiva student takes reins of El Al, some strings attached
The new owner of the country’s national airline, Eli Rozenberg, is not allowed to ask his father, US-based businessman Kenny Rozenberg, for any additional investment in the company.
www.jpost.com