Lion Capital Exercises Right to Name American Apparel Director – Wall Street Journal

Lion Capital Exercises Right to Name American Apparel Director
Wall Street Journal
As of April 1, the warrants gave Lion the right to purchase up to 24.5 million shares, or about 12% of the company’s common stock, as well as designate two board members and a board observer. The posts have remained vacant since March 2011, when …

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