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What will happen to the Florida investor's stake in The Container Store by the end of 2024?
3
Resolution / Starting Odds
Increases to over 25% • 25%
Remains between 18% and 25% • 25%
Decreases to below 18% • 25%
Sells entire stake • 25%
The Container Store's SEC filings or official press releases
Story
Container Store Adopts Poison Pill After Florida Investor Amasses 18% Stake
Oct 10, 2024, 05:13 AM
The Container Store has adopted a limited duration stockholder rights plan, also known as a 'poison pill', effective immediately. This move comes after a Florida investor quietly accumulated more than an 18% stake in the company as of Monday, making him the second-largest shareholder.
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Sales decrease by more than 10% • 25%