According to a Sydney Morning Herald news article, new investors have emerged in the ongoing Billabong refinancing saga. Coastal Capital International, a New York-based team of analysts-turned-investors headed by Vlad Artamonov and Todd Plutsky, have emerged as the latest bidders for the company, which has been working to secure refinancing for the past several months from Altamont Capital Group.
Coastal Capital International, which is urging the company to overthrow its entire board of directors who are positioned to vote on the recaptilization plan from Altamont in October, used its 5 percent stake … More
This entry was posted
on Tuesday, September 3rd, 2013 at 1:52 pm and is filed under Business news.
You can follow any responses to this entry through the RSS 2.0 feed.
Both comments and pings are currently closed.