Caxton’s opposition, disclosed in a recent update, cites concerns over the potential creation of an anti-competitive media landscape.
Caxton
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South African tycoon Terrence Moolman loses $3.6 million in Caxton stake in just 6 days
This setback comes after a previous gain of $5.6 million recorded between April 3 and May 20.
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As Caxton’s CEO and co-founder, Moolman holds a 51.84-percent stake in the company, equivalent to 186,262,725 shares.
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This recent boost follows a period of decline between Feb. 6 and April 18, when Moolman’s stake in the company fell by …
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His astounding rise from an entry-level position to a key figure in the media tells a story of resilience, determination, and commitment.