Retail Goes Digital As Best Buy Gobbles Up Napster for $127M [View article]
This is NOT a good deal for Napster shareholders. Management cut a sweet deal for itself taking almost 10% of the total deal price in personal payouts in exchange for GIVING the company away at less than 0.4x revenue. This is a travesty and somebody needs to get the Feds involved. This kind of CEO theft from shareholders in exchange for value destruction and incompetance has to stop. Please do some diligence, discover the truth and modify your story.
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This is NOT a good deal for Napster shareholders. Management cut a sweet deal for itself taking almost 10% of the total deal price in personal payouts in exchange for GIVING the company away at less than 0.4x revenue. This is a travesty and somebody needs to get the Feds involved. This kind of CEO theft from shareholders in exchange for value destruction and incompetance has to stop. Please do some diligence, discover the truth and modify your story.
Sep 17 12:19 pm
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All Comments by brando »Retail Goes Digital As Best Buy Gobbles Up Napster for $127M [View article]