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Compass Diversified Archive
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Temporary Departure of Joe Massoud Hammers Compass Diversified’s Stock Price
February 18, 2011: Yesterday, Compass Diversified Holdings (ticker:CODI) announced in a brief press release that its CEO, Joe Massoud, would be taking an immediate leave of absence from the firm to “focus his attention on an informal regulatory inquiry… on matters unrelated to the [Company]“.... -
Compass Diversified Announces 4th Quarter 2010 Dividend
January 5, 2010: OK, strictly speaking Compass Diversified (ticker: CODI) is not a Business Development Company. CODI is not really a lender but a buyer of middle market businesses, what used to be called a mini conglomerate. Unlike other business buyers,though, CODI finances all its... -
Compass Diversified Reports Higher Cash Available For Distribution for IQ 2010
May 10, 2010: Compass Diversified (ticker: CODI) , the mini-conglomerate which is organized as a Grantor Trust, reported first quarter 2010 earnings today. Due to non-cash charges Net Income was down by ($14.4mn). However, the Cash Available for Distribution (“CAD”) metric which the Company uses...
