Fortress heading for a stalemate (again)?
Long-suffering A and B shareholders are squaring off in a last-ditch attempt to simplify the company’s unpopular dual structure
12 October 2023 - 05:00
The next few weeks could be make or break for Fortress shareholders, who will be asked to cast their votes in yet another attempt to collapse the company’s divisive A and B share structure.
The two sets of investors have failed to agree on several previous proposals to change the company’s restrictive memorandum of incorporation (MOI) and do away with the dual capital structure. ..
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