JJB Investor Demands Seat for Backing Shares, Sunday Times Says
JJB Sports Plc investor Richard Bernstein demanded a seat on the sporting-goods retailer’s board in exchange for supporting the sale of as much as 50 million pounds ($78.9 million) of new shares, the Sunday Times reported.
JJB, based in Wigan, northwest England, declined to comment, the Sunday Times said.
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