Before he changed his name to Kim Dotcom, he was known as Kim Schmitz. Here he is in 2004 scaring people in Hong Kong. Dotcom had no problem rattling the nerves of unsuspecting pedestrians.
Sirius was a penny stock in free-ll back then. On Jan. 22, the stock was unchanged in midday trading at $3.15. It has surged more than six-fold in four years.
Liberty first bought into Sirius in 2009 by investing $530 million into the then-struggling company, helping Sirius to avoid bankruptcy.
Resigning their board seats were Leon Black, Lawrence Gilberti and Jack Shaw. Several weeks ago, MelKarmazin resigned from the board and stepped down as CEO.
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A shake-up in the boardroom was not unexpected, given that Liberty Media recently gained control over Sirius. Liberty had been buying shares of Sirius for months, and disclosed in a Jan. 22 filing that it owns 50.2 percent of the satellite firm.
THRs 21st annual Women in Entertainment Breakst at the Beverly Hills Hotel, honoring the 100 most powerful women in the industry.
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