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TKD Client Closes on Partial Sale of Investment in Technology Start-up

On May 17, 2010, Tarter Krinsky & Drogin’s client, an offshore private investment fund, closed on a partial sale of its investment in a technology start-up company. The sale price was $3 million, the amount of the client’s initial investment in 2006, and the client retained an approximately one-third interest in the start-up.

Partner James G. Smith of TKD’s Corporate and Securities Practice Group represented the client in the transaction.

 

Prior results do not guarantee a similar outcome

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