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Sir Martin Sorrell Will Hold Absolute Power At New Venture

The Times is reporting this morning that Sir Martin Sorrell will hold supreme power at his new venture, S4 Capital. Not only does he own 75% of stock -- he also has been given the final say on all appointments and all purchases over GBP100,000. The paper suggests this is a tactic to ensure he cannot be removed by directors that only he can appoint.

Read the whole story at The Times »

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