Warning! The End of Ark Invest? (Hostile Takeover in Progress)

Resolute Investment Managers, announced on October 29 that is plans to take controlling stake in Cathie Wood's ARK Invest. Resolute Investment Managers took a minority holding in ARK in 2016, with an option to buy a controlling stake in 2021. Now, they seem to be interested in using that option to perform a hostile takeover of Ark Invest. Cathie Wood said it is very ‘disappointed’ by Resolute move to ‘seize control’ of ARK. Wood, the founder, CEO, and CIO of ARK released a statement making it clear that she does not want Resolute as a majority owner of her business.

This is strictly my opinion, so do your own research and make up your own mind.

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Видео Warning! The End of Ark Invest? (Hostile Takeover in Progress) канала Tom Nash