Tuesday, December 19, 2017

KPMG offloads BBY's 'dubious' Firestone holdings

The KPMG report noted that BBY Nominees had held 9.6 million Firestone convertible notes and 561 million fully paid ordinary shares when it collapsed. In May, 3.1 million convertible notes were transferred to two former BBY clients while the remaining securities were all sold for $355,000 in August.
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