Tell a Friend - In This Age of “Perception,” DEI Is In Intensive Care

Your Email:

Your Name:

To:

Subject:

Message:
While most of the other mergers seem to be well thought out business plans involving high-profile and powerful participants, the Ginn / DEI deal strikes me as more of a “jump on the merger bandwagon” type of thing. More important than that is the one thing that those that control DEI seem to have forgotten; the fact that when you assimilate another company, you also inherit their problems, as well. Those issues have now been brought squarely into the public eye. With the dust of the Dale Jr. / DEI fracas barely settled, DEI is now named in a lawsuit brought on by Sterling Marlin and Joe Nemechek, of all people (and their crew chiefs, too). The lawsuit claims breach of contract, demanding payment for wages through the rest of the year after all parties listed were let go as part of the merger in July. As the complaint states, “Demand for payment has been made … but [Ginn and DEI] have failed and/or refused to pay all or any part…” http://www.autoracingdaily.com/13864/