Kite chief Arie Belldegrun up for $600M-plus payday from Gilead buyout

31st August 2017 Uncategorised 0

Longtime Kite investors are set for big gains with Gilead Sciences’ $180-per-share buyout—and founder-CEO Arie Belldegrun will reap his fair share. He’ll receive about $598 million, in fact, for his 3.32 million shares—and a $15.5 million parachute on top of that.

More: Kite chief Arie Belldegrun up for 0M-plus payday from Gilead buyout
Source: fierce