Research Feed
Steve Case Loading Up: AOL Founder's Concentrated Buying in Maui Land Play
MLP filed an 8-K on Feb 3 disclosing CEO Race Randle is buying a 30-acre Lahaina parcel from the company for $1.2M. Board obtained independent appraisal confirming price exceeds fair market value. Deal includes unusual shareholder protections: 5-year value true-up (CEO pays more if land appreciates)