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#55: Ben Hunt On The Big 'Bust Out'

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The CoFounders Family Wins the Proxy Fight

Jesse Jackson: Bed Bath Beyond went public in 2012. He says the company's CEO and two co-founders were kicked off the board after a proxy fight. After 15 months, he says, "the proxies say, okay, we're out" The stock fell from $40 to under $20 by March 2020; it is now trading at about $16.5.

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