date:Dec 26, 2013
ll the stake, for which it paid $293 million in 2008.
TPG had based its claim on what it called the abuse by Strauss Group of its majority shareholder rights, saying the group had overcharged Strauss Coffee for non-existent and/or insufficient services by many millions of euros.
TPG also cited the proposed dismissal of Strauss Coffee Chief Executive Todd Morgan, despite his being credited with leading an increase in the turnover and profitability of the company. Morgan was TPG's board represen