Quiznos is trying to reshape its finances by asking hedge funds and other shareholders to forgive $ 225 million in debt in return
for ownership stakes in the company, according to reports from Bloomberg and The Wall Street Journal.
To gain approval under the International Entrepreneur Rule, which could go into effect by the end of the year if approved, entrepreneurs would need to show that their startup was founded in the last three years, as well as maintain at least a 15
percent ownership stake in the company.
Wind Mobile CEO and chairman Anthony Lacavera said Wednesday that he retains his 35 per
cent ownership stake in the company and will go back to the capital markets to raise money to buy the rest of the company.
Commensurate with its
massive ownership stake in the company, SoftBank is taking two board seats at Wag, one of which will go to SoftBank investor Jeff Housenbold, who will become chair of the board.
Remington will exit bankruptcy as soon as this month, with some of its creditors, including JPMorgan Chase & Co (JPM.N) and Franklin Advisors,
taking ownership stakes in the company in exchange for forgiving debt.
Corcoran also granted Guard Llama cofounders Joe Parisi and Nick Nevarez the right to use her image on their product — a handheld device that connects to users» smartphones and enables them to connect to authorities with only the push of a button — in exchange for an 18
percent ownership stake in the company.
Indigo, which retains a 51 %
ownership stake in the company, continues to invest heavily in the e-book play, pushing the parent to a recent Q4 loss.
In announcing the settlement with the FTC, Herbalife also said it had agreed to let Icahn increase
his ownership stake in the company to nearly 35 %.
Many experts recommend starting with mutual funds and money - market accounts with investment profiles that complement
your ownership stake in your company.
On Monday, Remington announced that its lenders had agreed to cut its $ 948 million debt load by $ 700 million in exchange for
an ownership stake in the company.
It equates having
an ownership stake in a company with owning personal property, such as a car, house, or child's teddy bear.
A charging order can't give a creditor
an ownership stake in the company.
The cost of capital includes equity financing if you have investors in your company who provide money in exchange for
an ownership stake in the company.
Facebook said he will use the «substantial majority» of the windfall to cover the massive tax bill he'll be hit with, thanks to his plan to exercise a large stock - options grant that will increase
his ownership stake in the company he founded.
The process began for the contestants in the spring, when applications were collected from more than 100 eager industry members under age 40, each a leading executive such as president, CEO, COO, or vice president with
ownership stake in their companies.
BlackBerry founder Mike Lazaridis has severely reduced
his ownership stake in the company, according to a report in The Wall Street Journal.
We are strong believers in the vital service that Barnes & Noble provides as the nation's largest book retailer, and we have accumulated a meaningful
ownership stake in the Company, as we think that the current approximately $ 520 million market value of Barnes & Noble is unconscionably low and fails to reflect the true value of the Company.
Like shares of common stock, shares of preferred stock represent
an ownership stake in a company — in other words, a claim on its assets and earnings.
The Government still has a 77 %
ownership stake in the company and Berkowitz's Fairholme fund owns about 23 % of the non-government-owned float (as of May 31).
Leyou will provide Certain Affinity total consideration of US$ 10M in exchange for a 20 %
ownership stake in the company.
At the end of the day, because term insurance owners are not keeping any money with the company in cash value (which the company uses to make more money), and because the margins are thin on term life insurance, and term life insurance is a short term «rental» it does not make sense to include term policies as participating policies or to give
them an ownership stake in the company.
In traditional venture capital investing, investors give a startup money in exchange for
an ownership stake in the company.
As such, they act like a type of pre-paid gift card and don't guarantee
an ownership stake in the companies or blockchain networks.
Those who invest in the Empire card platform will receive dividend rewards for
their ownership stake in the company via EMP tokens using the customary «one coin, one share» model.