3 ms·
“Under FanDuel’s management incentive scheme, there has been a sixtyfold increase in total shares and a corresponding dilution in the rights to them. This distr
by carlsborg 8y ago
“Under FanDuel’s management incentive scheme, there has been a sixtyfold increase in total shares and a corresponding dilution in the rights to them. This distribution increases investors’ ownership in the company from 54 to 71 percent of the 4.4 million total shares, The Herald reported.”
Why would a merger blocked by the FTC trigger a clause like this?
From here :
https://www.legalsportsreport.com/14930/fanduel-equity-investors/ https://www.legalsportsreport.com/14930/fanduel-equity-inves...