For Quintessential, a Campaign Both Short and Sweet

Just two weeks after short seller Gabriel Grego blasted music streamer Akazoo, the company’s board ousts its CEO.

(Angus Mordant/Bloomberg)

(Angus Mordant/Bloomberg)

It was a quick ending to an effective short-selling battle.

On Friday, the board of Akazoo, a Nasdaq-traded music streaming company, said in a Securities and Exchange Commission filing that it had terminated the company’s CEO, Apostolos Zervos, for cause and named an interim replacement.

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