December 22, 2010Congratulations to the graduating November 7 workshop participants! This was the last workshop of the year and we look forward to meeting next year’s participants. To all the 2010 workshop participants- Thanks for all your hard work!From left:Massimo Di Francesco from Italy (Work Study), Yuki Yasuda from Japan, Maureen Connaughton (Construction Intern), Andrea Speed and Arondon Brownlow.
February 20, 2012One of the announcements in our report from Friday, Feb. 17. 2012 talked about an interview with Paolo Soleri by Prof. Constance Devereaux, Program Coordinator NAU Arts and Cultural Management. Prof. Constance Devereaux visited Arcosanti with a group of students from the NAU ACM 410 class to use Arcosanti as a case study for examining leadership transition and strategic planning, as these are two significant issues with which an arts and cultural manager should have experience.[photo: Chihiro Saito & text: Jeff Stein, Sue]The opportunity to observe and study these two areas in an internationally-known organization which itself is working on these areas would provide an incredible experiential learning opportunity. 3 to 4 visits are planned during the semester.[photo: Chihiro Saito & text: Jeff Stein]Students would formulate a case-study research question that would ideally be a real issue that Arcosanti is interested in. Students would then conduct the study and produce a written report with recommendations.[photo: Chihiro Saito & text: Jeff Stein]
Kabel DeutschlandVodafone majority-owned Kabel Deutschland has been asked to call an extraordinary shareholders’ meeting to look into whether its management gave accurate and timely information to investors at the time of its takeover. Hedge fund group Elliott Management, which holds a stake of about 13.5% in the company, has requested the meeting and has called for the appointment of an independent auditor to look into the matter.Elliott last year initiated legal action against Vodafone, arguing that Kabel Deutschland minority shareholders should receive a higher payout. Its case was boosted by an audit report published in December that found the cable company to be worth €104 a share, considerably more than the €84.53 per share that Vodafone offered to minority shareholders. Elliott told its own investors that Kabel Deutschland could be worth up to €250 a share and that Vodafone could be liable for up to €8 billion in compensation.Vodafone said at the time that the auditor’s report findings were “unrealistic”. Vodafone’s offer was accepted by the majority of Kabel Deutschland’s shareholders.Kabel Deutschland issued a statement that it would review the latest request.“Kabel Deutschland Holding AG, Unterfoehring, today received a request by Cornwall 2 GmbH & Co. KG by telefax to invite to an extraordinary general meeting which shall, inter alia, be provided with the special auditor’s report as well as vote on the appointment of special auditors on matters related to the takeover by Vodafone Vierte Verwaltungs AG and to detect alleged breaches of duty by members of the Company’s boards in connection with the executed special audit,” it said. “The company will review the request and invite to a general meeting in case the legal requirements are met.”