Ron Dennis agrees to sell McLaren stake, exit company

Ron DennisSix months after his ouster as CEO at McLaren Technology Group due to a spat with fellow shareholders, Ron Dennis is now set to leave the company he helped craft over the past four decades. Dennis has agreed to sell his 25 percent stake, with the value estimated to be $358 million. As part of the transition, the McLaren Technology Group has been…

from http://www.motorauthority.com/news/1111303_ron-dennis-agrees-to-sell-mclaren-stake-exit-company

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