Spyker CEO cuts stake to avoid buyout rules

Newswire

* CEO Muller now controls about 27 pct of voting interest * Move lets him avoid 30 percent buyout trigger AMSTERDAM, March 24 (Reuters) - The chief executive and largest shareholder of Dutch automaker Spyker Cars has reduced his voting interest to avoid making a buyout offer for the rest of the shares, the company said on Wednesday. Victor Muller transferred just under 1.3 million shares to a Cyprus-registered special purpose company, reducing his voting rights in Spyker to 26.8 ...

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