Ancestry’s bond deal sparks backlash from investors over voting rights – Financial Times
Ancestry’s bond deal sparks backlash from investors over voting rights – Financial Times
Investors have warned that Ancestry.com’s private equity-backed move to limit investor voting rights in a bond deal last week threatens to erode a ‘cornerstone’ of the corporate debt market . The group added a provision that caps investor voting rights at 20% in legal documents underpinning a $ 1.2 billion fundraiser that is part of […]
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