A Belo-employed FBvian writes:
Another explanation for Belo’s stock gains, unfortunately, is the massive buyouts from September. (Correction: “Voluntary severances.”) The chart on the link you posted shows that the recent gains began shortly thereafter the buyouts were completed. Good stuff if you’re a Belo executive with the last name Decherd or Moroney. That’s gotta be worth a few thousand Gs in bonus money.
Sheesh. Not nearly as fun as my theory.
