Lockup agreement: Scotty Blows lamp store went public on 14 July 2010. Three weeks later, Scotty sold

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Lockup agreement: Scotty Blow’s lamp store went public on 14 July 2010.

Three weeks later, Scotty sold 47% of his shares for a profit of $2 million. Why is this a bad thing? Discuss the mechanism designed to eliminate this type of activity.

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Applied Corporate Finance Making Value Enhancing Decisions In The Real World

ISBN: 9783030816308

2nd Edition

Authors: Mark K. Pyles

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Question Posted: Jun 10, 2024 02:20 AM

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Lockup agreement: Scotty Blows lamp store went public on 14 July 2010. Three weeks later, Scotty sold

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Applied Corporate Finance Making Value Enhancing Decisions In The Real World

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