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Borders Shareholders Approve Stock Sale to CEO
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Borders Shareholders Approve Stock Sale to CEO
Borders (BGP) shareholders have approved issuance of a stock purchase warrant for 35.1 million shares to LeBow Gamma Limited Partnership, a vehicle controlled by chief executive Bennett LeBow.   LeBow acquired 11.1 million shares of the book & music retailer in May, for $25 million, surpassing Pershing Square as the largest shareholder in the company with a 15.5% stake.
Video Length: 0
Date Found: October 01, 2010
Date Produced: October 01, 2010
View Count: 0
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