If the prospect of adding famed corporate raider Gary Weiss to Cromwell's board doesn't entice Cromwell shareholders, maybe Joe Gersh will sweeten the deal?
The currently locked-down Melbourne corporate lawyer is the latest high-profile business figure to be drawn into the internecine and very bitter conflict between the Singaporean property investor and Cromwell Property Group. In brief, ARA owns 24.07 per cent of Cromwell and wants the board seat that should entitle it to. But Cromwell says it's a competitor trying to take it over by stealth.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
