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3min chapter
Peloton
Acquired
John Fulley Is the Chairman of the Board
An activist investor called blackwell's capital comes out and announces that they've accumulated a five % steak in pelaton, the share price ind market cap of which, by the way, have dropped below the ipo price. The board hires and fires the ceo. According to pelaton's proxy statement, he controls 39 point six a righ aront, forty percent of voting power of pelaton's stock,. And his co founders own another 18% So there you go.
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