The WSJ embellishes at length on the surprise revelation we reported on two weeks ago: The naming of Scholastic executive Iole Lucchese as heir to the late Dick Robinson’s controlling Class A shares in the company. The Journal says that Robinson’s will also gives all of his personal possessions to Lucchese, “with the request, but not the direction” that she distribute items to others, such as his two sons, “as she believes to be in accordance with my wishes.” It is still not clear the disposition of about $70 million in common stock in Scholastic owned by Robinson (nor is […]
