Maybe the best thing out of this possible Fortune Brands breakup is that I get to beef up my corporatespeak vocabulary. From a Reuters story today quoting Fortune chief executive officer Bruce Carbonari:
The company has hired Credit Suisse (CSGN.VX) in preparation for a potential battle with Ackman, a source familiar with the situation told Reuters on Wednesday.
"We've demonstrated our shareholder value orientation, and quite honestly, we're pretty relaxed," said Fortune's chief financial officer Craig Omtvedt. "We look forward to having a dialogue with Ackman and his team as much as we do anybody else."