Potentia walks away from Vista after failed boardroom battle

Potentia walks away from Vista after failed boardroom battle
Potentia's investment director Amit Chand (left) and founder Andrew Gray. (Image: Potentia)
Rebecca Stevenson
Vista shareholder Potentia Capital has sold its entire 19.8% stake, bringing an end to its messy foray as the software cinema company’s largest shareholder. On Wednesday night, Potentia said in an emailed statement it had sold off its shareholding in Vista at a 5% discount to the market close price of $3.16, with Jarden handling the trade. It held the stock for 15 months. Potentia partner Amit Chand said while the investment had been shorter than normal, the firm had to continually assess where the best place was to in...

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