Charlotte Business Journal quotes Finance Chair Ajay Patel

7.5.2013 Article, Faculty News, Retail

Harris Teeter’s rising stock price could impact sale

The Wall Street Journal’s report indicates Cerberus may be interested in all or just a portion of the company and may leave management in place.

That’s left investors looking for answers and held the stock price fairly steady, says Ajay Patel, professor and GMAC chair in finance at Wake Forest. Patel is also director of the university’s Center for Enterprise Research and Education.Read more …