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Fox’s Dominion Payout Gives Private Equity Firm 1,500% Return

 

  • Staple Street bought a 76% stake in Dominion for $38.8 million
  • Staple Street co-founder says case was about exposing truth

The biggest winner from Fox News’ $787.5 million settlement with Dominion Voting Systems Inc. is a New York private equity firm that’s walking away with a return on its investment of more than 1,500%.

Staple Street Capital LLC acquired a roughly 76% stake in the voting technology company in 2018 for $38.8 million, unaware that Denver-based Dominion would become a household name within just a few…

 

 

 

READ FULL ARTICLE HERE... (bloomberg.com)

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