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Rating:Hanging Tough at Hancock Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, February 13, 2002

SHORT TAKES
Hanging Tough at Hancock

by: InvestmentWires Staff, 

Even while seeking a buyer, John Hancock Financial Services CEO David D'Alessandro is honing his ability to say no. It seems the insurer is in a parking lot brawl. Boston developers Arthur Winn and Roger Cassin covet an 11,000 foot parcel next to the Hard Rock Cafe that Hancock uses as a parking lot for a $400 million office building in Boston. D'Alessandro says the parcel is not for sale, reports the Boston Globe. So far the fight has lasted three years and D'Alessandro is not giving up. He has resisted entreaties from then Massachusetts governor Paul Cellucci among others.  

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