The market likes a showdown. On the day in which a board of directors meets that promises to be on fire, the RCS stock opens the week in Piazza Affari with an increase of more than two percentage points.
In today's meeting there will be two main contenders: on one side John Elkann, on the other Diego Della Valle. The remote duel will be held in via Solferino, definitively transferred from Friday to the private equity fund Blackstone.
The 2013 accounts are on the agenda, but the matter of contention is much broader. The Board will have to take note of the resignation of Carlo Pesenti (who, moreover, has declared that he does not want to sell the 3,8% still owned by him "for now") and the fall of Mediobanca below 10% (against 15% in September ).
Not to be excluded, according to rumors, is the resignation as chairman of Angelo Provasoli and other directors, with the risk of forfeiture of the Board. Among the gossip, also the possible dismissal of the director of Corriere della Sera Ferruccio De Bortoli, openly critical of some management choices.
