Vimeo
LinkedIn
Instagram
Share |

dividends

August 3, 2017

Richard Branson sells majority stake in Virgin Atlantic, 'Dividend darling' Akka's revenue up 21%, and Pharmaceutical entrepreneur Raymond Sackler dies

Richard Branson sells majority stake in Virgin Atlantic

Richard Branson is to loosen his grip on Virgin Atlantic, selling 31% of the company to Air France-KLM for $291 million(£220 million).

The billionaire, whose flamboyance is synonymous with the Virgin brand, would retain a 20% interest, with US carrier Delta controlling the remaining 49%.

September 6, 2013

The second-gen chief executive of US family firm Market Basket has taken court action to block a $300 million dividend payout approved by the board of directors last week.

The second-gen chief executive of US family firm Market Basket has taken court action to block a $300 million dividend payout approved by the board of directors last week.

In a lawsuit filed 5 September in Suffolk Superior Court, Arthur T DeMoulas said the payment should be blocked until problems surrounding the make up of the board are resolved.

He said chairman Keith Cowan, although being nominally independent, was biased in favour of his opponents, including DeMoulas’s cousin and rival Arthur S.

Click here >>
Close